Announced
Completed
Financials
Tags
Acquisition
Private
Cross Border
Friendly
Minority
Aerospace
Germany
air mobility
Private Equity
Completed
Synopsis
NEOM and GLy Capital Management, a private equity investment firm, led a $182m Series E funding round in Volocopter, a German aircraft manufacturer. “Raising over $180m despite the generally tense economic climate highlights Volocopter’s robust technology strategy and its ongoing progress toward achieving market readiness. We appreciate the remarkable spirit of collaboration and the trust that our existing and new shareholders have placed in us as we forge ahead on our journey to bring the urban air mobility ecosystem to life," Christian Bauer, Volocopter CCO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.