Finance, Taxes, Insurance
Volocopter's eVTOL Plans Boosted by $113 Million Investment
Volocopter has now raised $159 million for its Volocity eVTOL aircraft program and is launching a feasibility study for operations in southeast Asia.
Volocopter's Series C funding round has raised an additional $113 million for its VoloCity eVTOL development. [Photo: Volocopter]
Volocopter's Series C funding round has raised an additional $113 million for its VoloCity eVTOL development. [Photo: Volocopter]

Logistics group DB Schenker is investing €87 million ($113 million) in eVTOL aircraft developer Volocopter as part of its Series C funding round. The move, announced on February 21, takes the total raised by the German company to €122 million ($159 million).