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 is the clear leader in the urban air mobility space. 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 has performed several milestone flights in Helsinki, Stuttgart, Dubai, and over Singapore's Marina Bay in recent years. As a pioneer in the UAM industry, Volocopter will launch commercial services within the next few years.

 

Volocopter is backed by Intel, BlackRock, Geely, Daimler, WP Investment, DB Schenker, Mercedes-Benz Group, Mitsui Sumitomo Insurance Group, Atlantia, Continental AG, NTT, MS&AD Ventures, btov Partners, and others. The company raised $170M in the initial signing of its Series E round on Mar 04, 2022. This brings Volocopter's total funding to $579.4M to date. The latest round valued the company at a $1.7B pre-money.

 

 

  • Year founded: 2012
  • Funding Info: $579.4M over 7 Rounds (Latest Funding Type: Series E)
  • Yearly Revenue: NA
  • Employee Size: 501-1,000
  • Business Valuation: Valued at $1.7B as of Mar 04, 2022
  • City/Town: Stuttgart
  • State: Baden-Wurttemberg
  • Country: Germany
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