Shanghai Volant Aviation Technology raised $13m in Series A funding led by Legend Capital to accelerate the development, production and testing of three models of eVTOL aircraft.
Amount Raised
$13 Million
Round Type
Series A
Minhang DistrictTransportationTravelAir TransportationAerospaceInvestors
Description
Shanghai Volant Aviation Technology has secured CNY100 million ($13.75m) in Series A funding from Legend Capital. The funding will be used to accelerate the development, production and testing of three models of eVTOL aircraft.
Quick answer
Volant Aero raised $13 Million in a Series A round, dated July 5, 2024. Investors: Legend Capital. Volant Aero is based in Minhang District, Shanghai, China.
- How much did Volant Aero raise?
- Volant Aero raised $13 Million in a Series A round on July 5, 2024.
- Who invested in Volant Aero?
- Legend Capital is named as investors in this round.
- What does Volant Aero do?
- Volant Aero is a company focused on the low-altitude travel industry, specifically in the manned electric vertical takeoff and landing (eVTOL) sector.
- Where is Volant Aero based and how big is it?
- Volant Aero is based in Minhang District, Shanghai, China. Fundz records about 16 employees.
- Who are the decision-makers at Volant Aero?
- Fundz holds 1 contact at Volant Aero, including the Co-founder | President. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Transportation and Travel around the same time
Companies in the same sectors as Volant Aero that raised within 45 days of this round, from Fundz verified event records.
- Flapper raised $20M (Series A) on June 20, 2024.
- Deep Blue Aerospace raised an undisclosed amount (Private Equity) on August 13, 2024.
- Fresh Bus raised $11M (Series A) on August 13, 2024.
- Momentus raised an undisclosed amount (Convertible Note) on July 18, 2024.
- LimoLane raised $38M (Private Equity) on July 12, 2024.
- MRO Holdings raised an undisclosed amount on July 9, 2024.
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