Volant Aerotech, a Chinese manufacturer of electric vertical take-off and landing (eVTOL) aircraft, announced on Monday the completion of a Pre-B round of funding of several hundred million yuan.

This is the sixth round of financing Volant has completed since March of this year, with a cumulative total of more than $150 million.

This round of financing was participated by C&D Emerging Industry Equity Investment, Vision Plus Capital, Qiansheng Capital, Zhangjiang Science&Technology Venture Capital's fund, China Internet Investment Fund and other organizations.

In addition, its old shareholders Yanchuang Capital, Jadex Capital, Beijing Robot Industry Fund and Legend Capital continue to invest this time.

Volant said this funding will accelerate the development of the VE25 validation model and effectively promote the airworthiness certification and commercialization its first product, the VE25-100.

Founded in June 2021, Volant is mainly engaged in the development of electric vertical take-off and landing (eVTOL) aircraft.