eVTOL company Volant Aeronautics completed approximately 1 billion RMB in Series C funding.

On May 27, Volant Aeronautics, a domestic commercial passenger eVTOL company, announced the completion of a C+ round of financing with a total financing amount of approximately 1 billion yuan. At the end of April, Volant had just completed a $300 million C round of financing. It was reported that this round of financing was advised by Gao Hu Capital and Huaxing Capital, with China Life Technology Innovation leading the investment, along with Minjin Investment, NIO Capital, Venture Capital Cornerstone Capital, and existing shareholder Zhongwang Investment following suit. Since its establishment 5 years ago, Volant Aeronautics has raised over 5 billion yuan through 13 rounds of market financing.