Sumitomo Corporation invests in Volocopter through Series E funding round

Sumitomo Corporation has announced an investment in Series E Funding round in Volocopter, thus becoming the latest Japanese investor and strategic partner in the company to join its list of partners. Christian Bauer, chief commercial officer of Volocopter, said: “Committing to fly and enter a market is no small feat, but for Volocopter and Japan, who are both pioneers in the UAM space, it just makes sense. Over the past few years, Volocopter has made significant progress toward becoming an integral part of the team that will bring UAM to life in Japan in 2025, thanks to partners like Sumitomo,