eVTOL tech company VOLANT completes Pre-B financing round

Beijing (Gasgoo)- On December 30, 2024, eVTOL (electric vertical takeoff and landing) solution developer VOLANT Aerotech (VOLANT) announced the successful completion of its Pre-B financing in Shanghai, which raised for the company hundreds of millions of yuan.

Photo credit: VOLANT

This marks the company's sixth funding round in the Pre-B Series since March this year, pushing its total financing to over $150 million. The new capital will accelerate the R&D of VOLANT's VE25 verification prototype aircraft, advance the certification and commercialization of the VE25-100, and strengthen VOLANT's leading position in the eVTOL segment of the low-altitude economy.  

The funding round attracted prominent investors, including C&D Emerging Industry Equity Investment, Vision Plus Capital, FIBONACCI VC, Zhangkeyaokun Fund, and China Internet Investment Fund. Some of the company's existing investors also participated.

VOLANT is a high-tech company in China specializing in the development of advanced passenger eVTOL aircraft. Its flagship VE25-100 model can carry one pilot and five passengers, achieving a cruising speed of 235 km/h with a range of 200–400 kilometers and a maximum takeoff weight of 2.5 tonnes. Notably, it is the first passenger eVTOL project accepted by the Civil Aviation Administration of China (CAAC) Eastern Regional Administration. The VE25-100's type certification process began in October 2024, and the company aims to secure the certificate in 2026.