Recently, VOLANT made a significant announcement, revealing that it has successfully closed a Series B+ financing round, raising hundreds of millions of yuan. This latest funding initiative was spearheaded by Jinding Capital, with substantial co-investments pouring in from five prominent listed entities: Bethel Automotive Safety Systems Co., Ltd., Zhejiang Hailide New Material Co., Ltd., Aima Technology Group Co., Ltd., Jiangsu Precision Forging Co., Ltd., and Jiangsu Bojun Automotive Parts Co., Ltd. Notably, China Renaissance played a pivotal role as the exclusive financial advisor for this financing endeavor.
The capital infusion is earmarked for facilitating the airworthiness certification process and gearing up for the mass production of VOLANT's cutting-edge VE25 electric Vertical Take-Off and Landing (eVTOL) aircraft. This strategic move is poised to expedite the commercialization journey of VOLANT's innovative aviation solution.