Funding round
Volocopter Series D
Volocopter, which works in urban air mobility solutions development in Bruchsal, raised $240M in a Series D round announced on 3 Mar 2021. 14 firms took part. It is Volocopter's second venture round on record; the one before was a Series C in Feb 2020.
$240M
Amount raised
Not disclosed
Post-money valuation
14
Investors
no lead named
Valuation
What this round says about the price
Volocopter did not disclose a valuation in this round. It came 13 months after Volocopter's Series C. It is 47% of the $516M Volocopter has raised in the venture rounds on record. Volocopter raised again 20 months later: a Series E round of $182M in Nov 2022, at $1.70B post-money.
Investors
Who put money in
14 firms took part; no lead investor was named.
Investors
- BlackRock new investor
- backs 4 venture-backed companies new investor
- Atlantia S.p.A. new investor
- Continental AG new investor
- backs 13 venture-backed companies new investor
- Tokyo Century new investor
- Geely new investor
- Daimler new investor
- DB Schenker new investor
- Intel Capital backs 239 venture-backed companies new investor
- backs 86 venture-backed companies new investor
- Team Europe new investor
- Klocke Holding new investor
- backs 2 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, scaling operations and working capital.
- Product development
- Geographic expansion
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time: 1 in Aircraft Parts & Services, then Series D rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Skydio Aircraft Parts & Services | 28 Feb 2021 | $170M | $1.00B | Andreessen Horowitz |
| Ro Health Care Services | 23 Mar 2021 | $500M | $5.00B | General Catalyst and FirstMark |
| Starling Banks & ATMs | 8 Mar 2021 | $377M | not disclosed | Fidelity Management & Research Company (Fidelity) |
| BlockFi Cryptocurrency | 11 Mar 2021 | $350M | $3.00B | Bain Capital Ventures and DST Global |
| Weee! Groceries | 18 Mar 2021 | $315M | $2.80B | DST Global |
| Tech Companies | 9 Mar 2021 | $200M | $3.20B | Tiger Global |
| DispatchHealth Home Health Care | 3 Mar 2021 | $200M | $1.70B | Tiger Global |
| Tech Companies | 24 Mar 2021 | $200M | $1.00B | KKR |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Volocopter raise in its Series D round?
Volocopter raised $240M in its Series D round, announced in Mar 2021.
Which investors took part in Volocopter's Series D round?
BlackRock, Avala Capital, Atlantia S.p.A., Continental AG, NTT Venture Capital and Tokyo Century and 8 more.
What was Volocopter's valuation at the Series D round?
It was not disclosed.
Did Volocopter raise again after this round?
Yes: a Series E round in Nov 2022 of $182M at $1.70B post-money.