DB Schenker, a global logistics company, has invested in Volocopter, a startup developing a new type of passenger-carrying drone which can also be used for good distribution.
DB Schenker says its investment shows that it is “a pioneer of urban air mobility”. With the new investment, Volocopter has extended its Series C funding to now a total of €87 million.
Besides DB Schenker, Mitsui Sumitomo Insurance Group, MS&AD Ventures, and TransLink Capital (Japan Airlines and Sompo Japan Insurance) join the round as new investors, existing investors Lukasz Gadowski and btov also invested. [Read more…] about DB Schenker invests in Volocopter as drone startup builds funds up to €87 million
