Get all your news in one place.
100's of premium titles.
One app.
Start reading
Caixin Global
Caixin Global
Business
Fang Zuwang and Han Wei

SHOCKING: Flying car startup volant completes 13 million funding round - You Need To See This

Volant’s VE25 model

What’s new: Shanghai Volant Aerotech Co. Ltd., an electric vertical takeoff and landing aircraft (eVTOL) startup, said it has completed a new funding round to raise nearly 100 million yuan ($13.8 million) as investors bet on the fast-developing sector.

The fundraising was backed by Shanghai Huaqiang Investment Co. Ltd. and Jadex Capital. Volant didn’t disclose its valuation.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.