Dronemaker Volansi Wins $50M In Venture Financing

Bill Carey September 15, 2020
Voly
Volansi Voly C10 hybrid drone.
Credit: Volansi
California-based startup Volansi said on Sept. 15 it has secured $50 million in venture funding to further develop its line of hybrid vertical-takeoff-and-landing (VTOL) delivery drones. Icon Ventures led the Series B financing round; it was joined by existing investors Lightspeed Venture Partners...
Bill Carey

Based in Washington, D.C., Bill covers business aviation and advanced air mobility for Aviation Week Network. A former newspaper reporter, he has also covered the airline industry, military aviation, commercial space and unmanned aircraft systems. He is the author of 'Enter The Drones, The FAA and UAVs in America,' published in 2016.

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