SkyDrive Inc. raised approximately 8 billion yen in an additional Series C funding round led by Inventum Ventures and others to upgrade facilities and accelerate development for its eVTOL aircraft.
Aug 29, 2024
Amount Raised
¥8 Billion
Round Type
Series C
ToyotaManufacturingTransportationAerospace
Investors
Mizuho Bank, Ltd.Energy & Environment InvestmentOsaka Metro Co., Ltd.Inventum Ventures
Description
SkyDrive Inc., based in Japan, has completed another additional Series C funding round, securing approximately 8 billion yen. This investment will help the company enhance its development and certification activities for its eVTOL aircraft.
Who else raised in Transportation and Aerospace around the same time
Companies in the same sectors as SkyDrive that raised within 45 days of this round, from Fundz verified event records.
Joby Aviation raised $500M (Funding Round) on October 4, 2024.
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Company Information
Company
SkyDrive
Location
Toyota, Aichi Prefecture, Japan
About
SkyDrive is an eVTOL company aiming “to take the lead in the once-in-a-century mobility revolution”. The company began testing eVTOL prototypes in 2014 prior to official incorporation in 2018. Under its future vision for urban transportation, flying in eVTOLs will become a regular part of city life. In 2019, SkyDrive became the first company to fly a crewed eVTOL in Japan. As of 2025, SkyDrive is working with civil aviation authorities in Japan and the US to acquire certification for “SKYDRIVE”, the company’s first eVTOL product. SkyDrive showcased the first public flight of the SKYDRIVE at Expo 2025 in Osaka in April 2025, with plans for further demonstration flights in summer. SkyDrive began production of “SKYDRIVE” in March 2024 at a plant owned by Suzuki Motor Corporation, SkyDrive's official production partner. SkyDrive is headquartered in Toyota, Aichi Prefecture, and led by CEO Tomohiro Fukuzawa, an engineer and entrepreneur.
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