Volocopter raised USD 170 million in Series E financing round

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Volocopter raised 170 million USD in the initial signing of its Series E funding round. The funding round was led by the South Korean investor, WP investment.

The urban air traffic company will use the funds to launch its air taxi services worldwide.

The company aims to launch its commercial air taxi services in major cities, including Paris, Rome and Singapore, in the upcoming few years.

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