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Volocopter's Series E Round Adds Sumitomo; Japan Expansion On The Radar

PRIVATEFeb 21, 2023

Round Type

Series E

BruchsalE CommerceFashion

Investors

Sumitomo Corp.SumitomoG Ly Capital'sG Ly Capital ManagementNeom

Description

Volocopter's series E round has just got larger with a funding commitment from Japanese trading company Sumitomo Corp, which is also coming on board as a strategic partner to bring Japanese VoloCity eVTOL aircraft into service by 2025.

Quick answer

Volocopter GmbH raised an undisclosed amount in a Series E round, dated February 21, 2023. Investors: Sumitomo Corp., Sumitomo, G Ly Capital's, G Ly Capital Management and Neom. Volocopter GmbH is based in Bruchsal, Baden-Württemberg, Germany.

How much did Volocopter GmbH raise?
Volocopter GmbH raised an undisclosed amount in a Series E round on February 21, 2023.
Who invested in Volocopter GmbH?
Sumitomo Corp., Sumitomo, G Ly Capital's, G Ly Capital Management and Neom are named as investors in this round.
What does Volocopter GmbH do?
Volocopter GmbH is a German company specializing in the development of electric air taxis.
Where is Volocopter GmbH based and how big is it?
Volocopter GmbH is based in Bruchsal, Baden-Württemberg, Germany.
Who are the decision-makers at Volocopter GmbH?
Fundz holds 3 contacts at Volocopter GmbH, including the CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in E Commerce and Fashion around the same time

Companies in the same sectors as Volocopter GmbH that raised within 45 days of this round, from Fundz verified event records.

  • Zyod raised $3.5M (Seed) on April 4, 2023.
  • Neighborhood Intelligence, Inc. raised an undisclosed amount on March 30, 2023.
  • True Botanicals, Inc. raised an undisclosed amount (Series B) on March 22, 2023.
  • Topo Designs raised an undisclosed amount on March 21, 2023.
  • DESTINATION AESTHETICS raised an undisclosed amount (Corporate Round) on March 17, 2023.
  • Elyn raised $2.6M (Seed) on March 8, 2023.

Who to call at Volocopter GmbH, and when

A new round usually means Volocopter GmbH is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Volocopter GmbH

Location

Bruchsal, Baden-Württemberg, Germany

About

Volocopter GmbH is a German company specializing in the development of electric air taxis. Founded in 2011, the company aims to provide sustainable urban air mobility solutions. It is known for its innovative approach to vertical take-off and landing (VTOL) aircraft.

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Related People

3 contacts
Verified contactsFlorian R., CEO hidden hidden hiddenSee plans and pricing
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Volocopter GmbH raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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