Volant Airlines announces completion of $300 million financing, bringing in investors from the Middle East region for the first time.

On April 27, domestic leading eVTOL company Volante Aviation announced that it has recently completed a C round financing of over 300 million US dollars. This round of financing was led by Lei Shi, with follow-up investment from Sequoia China and Foten Capital, and additional investments from existing shareholders Matrix Partners China and Junlian Capital. Gauho Capital served as the exclusive financial advisor. Volante Aviation stated that it is currently in a crucial stage of airworthiness certification for the VE25-100 model, and this round of financing will accelerate the development and initial delivery of VE25-100 production batch and prototype aircraft, as well as engineering and certification flight testing. It will also establish batch production, delivery, and customer service capabilities to support the transition from development to operational delivery for the VE25-100. In addition, this round of financing will accelerate Volante's exploration and reserve of key technologies and cutting-edge technologies for the next generation. In terms of shareholder structure, Volante Aviation has introduced Lei Shi for the first time in this round of financing, marking the first time a Middle Eastern investor has been involved. Volante Aviation stated that this is of strategic importance for the company's presence in the Middle East and international markets.