Volocopter

Volocopter (formerly called E-Volo GmbH) is a pioneer in urban air mobility (UAM) that is building the world's first sustainable and scalable urban air mobility business to bring affordable air taxi services to megacities worldwide.

The Volocopter is the world’s first purely electric flying multicopter, which is able to transport people.

Volocopter was founded in 2012 by Alexander Zosel and Stephen Wolf. The company has its headquared in Stuttgart, Baden-Wurttemberg, Germany.

Volocopter is the first and only electric vertical take-off and landing (eVTOL) company to receive Design Organisation Approval (DOA) by the European Union Aviation Safety Agency (EASA), Volocopter expects its first commercial air taxi routes to be opened within the next two years.

Volocopter offers a holistic approach to the UAM market by developing a full ecosystem to connect all the vital parts to get the industry off the ground. This includes multipurpose aircraft (VoloCity and VoloDrone), physical and digital infrastructure (VoloPort and VoloIQ), as well as partnerships with global leaders in their respective fields.

Volocopter already has the extensive partnerships necessary to set up the UAM ecosystem for launching both our company and the industry into commercial operations. 

Volocopter leads and cooperates with partners in infrastructure, operations, and air traffic management to build the ecosystem necessary to 'Bring Urban Air Mobility to Life.

 

Volocopter has performed several milestone flights in Helsinki, Stuttgart, Dubai, and over Singapore's Marina Bay in recent years. While the first routes are yet to be announced, the company has committed to establishing air taxi services in Singapore and Paris with plans to expand many more routes in the US, Asia, and Europe.

 

Volocopter is backed by Intel, BlackRock, Daimler, DB Schenker, Mitsui Sumitomo Insurance Group, Atlantia S.p.A., Continental AG, NTT, MS&AD Ventures, btov Partners and others. The company raised €200M ($241M) in a Series D round on Mar 03, 2021. This brings Volocopter's total funding to €322M ($373.4M) to date.

 

 

  • Year founded: 2012
  • Funding Info: €322M ($373.4M) over 6 Rounds (Latest Funding Type: Series D)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: NA
  • City/Town: Stuttgart
  • State: Baden-Wurttemberg
  • Country: Germany
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