Big Picture

Volocopter gets $240mn in pursuit of autonomous air taxis

German air mobility firm Volocopter, which is developing electric vertical take-off and landing vehicles (eVTOLs) and autonomous air taxis, received a €200mn boost last month in a Series D round. The aim of Volocopter and its competitors is to build a market for ridesharing via the skies in cities. Numerous transportation options are being pursued, ranging from helicopters to electric aircraft to pilotless drones.