Fidelity Management & Research Company and Monashee led a $200m Series B round in Skyryse.

Fidelity Management & Research Company and Monashee led a $200m Series B round in Skyryse, a transportation technology company, with participation from ArrowMark Partners, Republic Capital, Raptor Group, Infinite Capital, Embedded Ventures, Fortistar, K3 Ventures, Rosecliff, SV Pacific Ventures, Venrock, Eclipse Ventures, and Fontinalis Partners. Skyryse will use the funding to accelerate the development of the company's flight automation system, FlightOS, already the most advanced automation technology in the industry. Skyryse's target market is the $7tn global transportation sector, which is projected to double by 2030, by putting more people and packages in the sky. FlightOS can be integrated into any aircraft to enable anyone to fly as safely as the best pilots on their best day.