VOLANT Aerotech, a leading pioneer in China's commercial passenger electric vertical takeoff and landing (eVTOL) sector, today announced the successful completion of its Series C+ financing round. This marks the company's second major funding achievement within a single month, raising nearly RMB 1 billion in this round alone.
The funding was led by China Life Investment (a premier state-owned insurance investment platform). It saw strong participation from Minjin Investment (a Shanghai Minhang District state-owned platform), NIO Capital (a leader in the new energy vehicle sector), CoStone Capital (a top-tier market-driven VC), and existing shareholder China Internet Investment Fund (CIIF). China Renaissance and CYGNUS EQUITY acted as the financial advisors.
Source : Dagangnews.com