Sumitomo Mitsui and others have invested in the flying taxi "Volocopter", declare future IPOs | BRIDGE (Bridge) Technology & Startup Information

By : ilikephone / On : 20/09/2022

Volocopter in Germany, which is developing an electric vertical detached landing aircraft (EVTOL) for commercialization of a flying taxi, has newly procured 37 million euros ($ 40 million) in an additional round of Series C.The procurement amount was 87 million euros ($ 94 million) in total, with a 50 million euros ($ 54 million) last September.The total procurement after its establishment was € 122 million ($ 132 million).

In addition to the additional rounds, in addition to the German logistics major DB Schenker, Sumitomo Mitsui Sumitomo Insurance, Translink Capital, Lukasz Gadowski, and Btov were also participated.

Volocopter, founded in 2011, is one of the urban -type aviation startups that want to monetize the new electric commercial transport aircraft in urban areas.Since the aircraft can take off and landing and landing like a helicopter, it does not require an infrastructure that uses a runway or a vast space.Instead, it is assumed to be the use of a small landing pad "Voloports" for urban areas that have already made the first first in Singapore.

Other companies in the same industry include Lilium, a German startup, which raised over $ 100 million to realize commercial flights that would fly by 2025.In addition, Boeing also launched the prototype of the "flying car", and Airbus is experimenting with flying taxi services.

In a statement, Volocopter, which has a new $ 40 million dollar, is ready to acquire early approval of Volocity aircraft, launch the second -generation cargo transport drone known as Volodrone, and to recruit the "industry expert".I commented that it was in the formation.The significance of DB SCHENKER has joined a new investor, and strategic partnership with major industry players will play an important role in practical use of Volocopter technology.

空飛ぶタクシー「Volocopter」に三井住友海上らが出資、将来のIPOを宣言 | BRIDGE(ブリッジ)テクノロジー&スタートアップ情報

Jochen THEWES, who has been appointed Volocopter adviser in DB Schenker CEO, states:

Although the specific schedule was not revealed, Volocopter also suggested the possibility of new stock (IPO).As part of this initiative, Martin Hubschneider, who established CAS software with Daimler CEO and CAS software, was a new external adviser.

Volocopter Chairman Stefan Klocke also said this.

[Via VentureBeat] @Venturebeat

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