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SkyDrive secures additional Series C funding from production partner Suzuki in India

SkyDrive, a Japanese eVTOL aircraft manufacturer, has announced that it has secured additional funding in its Series C round through a third-party allotment of new shares to Suzuki Motor Corporation (“Suzuki”). The company says this will accelerate the development and manufacturing of its eVTOL aircraft.

SkyDrive and Suzuki are also jointly exhibiting at the Global Trade Show being held during the Vibrant Gujarat Global Summit 2024 from January 9th to 13th in the State of Gujarat, India.

With the agreement on business and technology collaboration with Suzuki, SkyDrive says it will explore and strengthen the business development of eVTOLs in the Indian Market.

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(Image: SkyDrive)

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