World Business Watch: Air taxi startup Volocopter eyes fresh funding, SPAC an option

Mar 19, 2021, 02:00 PM(IST) WION Video Team

German air taxi startup Volocopter is planning to raise fresh funds from the investors adding that deal to go public via a special purpose acquisition company was one option on the table. Volocopter this month tapped investors led by U.S. asset manager Blackrock for $239 million in backing as it seeks certification for its battery-powered flying taxi.

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