Volocopter announced today that Sumitomo Corporation, a Fortune 500 company, invested in the company’s Series E Funding round. Sumitomo will also become a key strategic partner for entry into service in the Japanese market starting […]
Ionblox, a next-generation lithium-ion battery company has announced a second close of its Series B round at an increased USD32 million including investments from original investors Lilium and Applied Ventures who were joined by Temasek […]
Electra, a “next-gen aerospace company” has announced its selection by the U.S. Air Force AFWERX innovation arm for a Strategic Funding Increase (STRATFI) award that secures up to USD85 million between private investments, government funding, […]
Dufour Aerospace AG has announced successful completion of a Series B investment from Vista Global Holding Limited (Vista), the global private aviation group, “further supporting the continued development of sustainable aviation technologies”. The company says […]
Vertical Aerospace, a global aerospace and technology company that is pioneering zero emission aviation, has announced its financial results for the third quarter ended September 30, 2022. The Company has also issued a shareholder letter […]
VoltAero has announced completion of the first tranche in its Series B financing, with Italy’s TESI becoming a strategic investor and industrial partner. The new funding round, which includes a €32 million capital raise, will […]
Volocopter, a pioneer of urban air mobility (UAM), today announced it has raised an additional USD 182 million in the second signing of its Series E funding round. NEOM – the Red Sea’s smart, cognitive region project […]
American Airlines has announced a strategic equity investment in Universal Hydrogen “to help us build a green hydrogen distribution and logistics network for aviation.” The company says the investment supports American’s science-based targets to reduce […]
Alef, a California-based sustainable electric transportation company has announced it has raised USD 3 million from an early Tesla investor. Reuters report “The unusual appearance – which features a body that flips on its side […]
Plana, a Korean eVTOL start up, has reported on social media “a successful pre-A round fundraising for USD 9 million (12B KRW), which led to accumulated fundraising of USD 10 million (14B KRW), including the […]
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