Volocopter Raises $182M in Series E

Volocopter has successfully raised $182M in a Series E at a $1.8B valuation led by BlackRock, btov Partners, Geely, Daimler, Intel Capital, NTT DOCOMO Ventures.

Company Overview

Volocopter is a Aviation company headquartered in Carl-Zeiss-Straße 1, Bruchsal 76646, Germany, founded in 2011 with 500+ employees.

Electric air taxis

Fundraising Details

Amount Raised: $182M
Round Type: Series E
Valuation: $1.8B
Date: 2024-04-26
Investors: BlackRock, btov Partners, Geely, Daimler, Intel Capital, NTT DOCOMO Ventures

About Volocopter

Electric air taxis The company is positioned in the Aviation sector, serving a growing market with innovative solutions.

Key Information

Headquarters: Carl-Zeiss-Straße 1, Bruchsal 76646, Germany
Founded: 2011
Team Size: 500+
Industry: Aviation

What This Means

This funding round demonstrates strong investor confidence in Volocopter's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Aviation sector continues to attract significant investment as companies innovate to meet evolving market demands. Volocopter's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $1.8B valuation marks an important milestone for Volocopter, positioning the company among notable players in the Aviation industry.

Looking Ahead

With this new capital, Volocopter is well-positioned to execute on its growth strategy and continue building innovative solutions in the Aviation space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-04-26. For more information about Volocopter, visit their headquarters at Carl-Zeiss-Straße 1, Bruchsal 76646, Germany.

Volocopter