Rotorcraft
South Korean Investor and Honeywell Back Volocopter
South Korea’s WP Investments, along with Honeywell and previous investor Atlantis, are the main backers for a $170 million funding round for Volocopter.
Volocopter's latest funding round brings the total amount of investment it has raised to $579 million. These funds will support its efforts to bring the two-seat VoloCity vehicle to market, as well as to complete the development of a VoloDrone autonomous freighter and the larger VoloConnect passenger aircraft. (Photo: Volocopter)
Volocopter's latest funding round brings the total amount of investment it has raised to $579 million. These funds will support its efforts to bring the two-seat VoloCity vehicle to market, as well as to complete the development of a VoloDrone autonomous freighter and the larger VoloConnect passenger aircraft. (Photo: Volocopter)

South Korea’s WP Investments, along with Honeywell and previous investor Atlantis, are the main backers for a $170 million funding round for eVTOL developer Volocopter. The Germany-based startup announced the fresh investment on Friday, reporting that it has now raised a total of $579 million.