German UAM company Volocopter gets $182M investment


Bruchsal, Germany-based urban air mobility (UAM) company Volocopter has raised $182 million in the second signing of its Series E funding round.

Investors in the round include NEOM and GLy Capital Management. This will carry the company beyond the certification of its electric passenger aircraft, the VoloCity air taxi, according to the company.

[Image courtesy: Volocopter]