Volocopter

Volocopter, formerly called E-Volo, is a pioneer in urban air mobility (UAM) that is building the world's first sustainable and scalable urban air mobility business to bring affordable air taxi services to megacities worldwide.

Volocopter brings urban air mobility (UAM) to megacities worldwide by creating sustainable and scalable UAM ecosystems with partners in infrastructure and operations.

Volocopter was founded in 2012 by Alexander Zosel and Stephen Wolf. The company has its headquared in Stuttgart, Germany, with an office in Singapore.

 

Volocopter's family of eVTOL aircraft will offer passengers (VoloCity and VoloConnect) and goods (VoloDrone) swift, secure, and emission-free connections to their destinations, supported by VoloIQ, the UAM ecosystem's software platform.

 

Volocopter has completed over 1,500 successful public and private test flights. As the first and only electric vertical takeoff and landing (eVTOL) company to receive Design Organisation Approval (DOA) from the European Union Aviation Safety Agency (EASA).

 

Volocopter expects to launch its first commercial air taxi routes in the next two years in megacities like Singapore, Rome, Paris, and the NEOM region.

  

Volocopter is backed by  Intel, BlackRock, Geely, Daimler, WP Investment, DB Schenker, Mercedes-Benz Group, NEOM, Mitsui Sumitomo Insurance Group, GLy Capital Management, Atlantia, Continental AG, NTT, MS&AD Ventures, btov Partners, and others. The company raised $182M in the second signing of its Series E round on Nov 01, 2022. This follows $170M raised in the 1st tranche of Series E in Mar 2022, bringing the round total to $352M. The latest investment brings Volocopter total funding to $761.4M to date. Volocopter was valued at $1.87B in its intital Series E round in Mar 2022.

 

 

  • Year founded: 2012
  • Funding Info: $761.4M over 8 Rounds (Latest Funding Type: Series E)
  • Yearly Revenue: NA
  • Employee Size: 501-1,000
  • Business Valuation: Valued at $1.87B as of Mar 04, 2022
  • City/Town: Stuttgart
  • State: Baden-Wurttemberg
  • Country: Germany
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