Drone and Urban Air Mobility (UAM) technology company ,Terra Drone, has raised $70 million (¥8 billion) in Series B funding with investments from Mitsui & Co, SBI Investment, Tokyu Land Corporation, Kyushu Electric Power T&D, and Seika Corporation. The round also saw the funding by Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development (JOIN) – a public-private infrastructure fund by the Japanese Ministry of Land, Infrastructure, Transport and Tourism (MLIT) – to the newly established joint venture, as well as participation from existing investor Venture Lab Investment. “Our airspace is going to get more crowded than ever, but

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