Volocopter has raised over 200 million euros in its last financing round. The money is to flow into the approval process for the VoloCity air taxi and the accelerated opening of the first commercial routes. The new money comes from existing investors and funds managed by BlackRock, Avala Capital, Atlantia SpA, Continental AG, NTT and Tokyo Century.
Volocopter leads the market for electric air taxis. As the first and so far only eVTOL startup recognized by the European Union Aviation Safety Agency (EASA), Volocopter intends to open the first commercial routes in the next two to three years with the VoloCity air taxi and the first electrically powered, very safe and very quiet Volocopter eVTOL aircraft.
Volocopter raised around 50 million euros in 2019. The Zhejiang Geely Holding Group Co. is one of the early investors in Volocopter.
The Volocopter company now has over 300 employees in offices in Bruchsal, Munich and Singapore. The company was founded in 2011 by Stephan Wolf and Alexander Zosel.
@ volocopter.com
Skoda has announced the launch of a full-electric version of its Citigo. The Citigo EV will have a maximum range of 300 km (186 miles) and will be called Citigo E. First rumors about an Skoda electric city car were from a… Continue reading
Voltabox continues to grow. According to preliminary figures, the German battery system manufacturer generated sales of 66.9 million euros in 2018. For the current financial year, it expects further revenue growth of around 60-70 percent (between 105… Continue reading
Cars and motorcycles that run on gasoline or diesel will be banned in the Amsterdam, Netherlands, starting 2030. Starting next year, diesel cars older than 15 years will be banned on the A10 road around the Dutch capital. Also, buses and vans emitting exhaust… Continue reading
BMW presents the project for the supercar of the future. Electric, connected and sporty, these are the features of Vision M Next. BMW's electric future runs fast. The announcement comes directly from Munich, where at a conference, the… Continue reading
