Volocopter has raised $55 million in fresh capital for its VoloCity eVTOL | Aviation International News

Volocopter's eVTOL Plans Boosted by $55 Million Investment

Volocopter says a new round of funding has raised enough money to complete type certification of its VoloCity eVTOL aircraft and air taxi service.

By Charles Alcock • Managing Editor

September 9, 2019

Volocopter, the German start-up developing the VoloCity eVTOL aircraft and air-taxi service, today announced that it has raised just under $55 million in fresh investment. The company said that the new funds from the first closing of its Series C funding round will allow it to take the new model to commercial launch within the next three years, implying that this would be before the end of 2022.

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