July 7, 2025 - 07:50
SkyDrive, a prominent manufacturer of electric vertical takeoff and landing (eVTOL) aircraft based in Japan, has successfully raised ¥8.3 billion in a Pre-Series D funding round. This significant investment was facilitated through a third-party allotment, showcasing strong confidence in the company's innovative technology and future prospects.
Leading the funding round was MUFG Bank, accompanied by notable investments from major players such as Suzuki Motor, East Japan Railway Company (JR East), and Kyushu Railway Company (JR Kyushu). The participation of these established firms underscores the growing interest in eVTOL technology and its potential impact on transportation.
Returning investors also contributed to this funding round, including ITOCHU Technology Ventures, Obayashi, The Kansai Electric Power Company, and others. This influx of capital is expected to accelerate SkyDrive's development efforts in the eVTOL space, positioning the company for future growth as urban air mobility gains traction globally.
October 7, 2025 - 02:49
The Evolution of Wealth: Digital Assets and the Changing Landscape of FinanceFor centuries, wealth was measured in tangible terms: land, gold, art, stock portfolios, and bank accounts, to name a few. These assets were static, tied to geography and institutions. Today,...
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Lotus Technology Sparks Investor Interest with Upcoming IAA Mobility 2025 ShowcaseLotus Technology has captured the attention of investors following its announcement to showcase the innovative Theory 1 concept car and unveil a Senna-inspired Emira Limited at the upcoming IAA...
October 5, 2025 - 22:36
EU Unveils Strategy to Foster Homegrown AI DevelopmentIn a significant move to bolster its technological independence, the European Union has announced the launch of an `AI strategy` aimed at reducing reliance on external providers from the United...
October 5, 2025 - 09:50
Qfin Holdings Gains Attention Following UN Event on Innovation and SustainabilityQfin Holdings has recently captured the market`s interest after its CEO delivered a compelling address at a United Nations General Assembly event. The focus of the speech centered on the importance...