Yvonne Winter, CEO of FlyNow Arabia, in a Linkedin post reports that Den VC, Al-Mohaidab, Reslan, & Mehchi Family have become new investors in FlyNow Arabia.
FlyNow is developing the eCopter …”a catalyst for change: quiet, efficient, and resource-friendly, offering safe and affordable 3D mobility for both people and cargo,” says the post. “At less than 55 dB(A) in flight — quieter than a dishwasher — and with costs comparable to a taxi ride, it redefines what “accessible air travel” means.”
The post continues:
“FlyNow is directly contributing to all key pillars of Saudi Arabia’s Vision 2030 — from building a vibrant society to advancing logistics, mobility, tourism, AI, and industrialization through establishing eVTOL manufacturing, while supporting industry bases in both KSA and Europe. To navigate this landscape effectively, we have formed many partnerships, including becoming a founding member of the non-profit organization salaam.earth. Having partners like Den VC — with long-standing experience in investing in promising deep technology startups and in supporting the establishment of manufacturing sites in the Middle East — is invaluable.”
For more information
https://www.linkedin.com/in/yvonne-winter-a4586634
(Image: FlyNow Arabia)