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Daimler invests in flying taxi firm Volocopter

Volocopter will demonstrate its flying taxi later this year.
ET
By:
Edward Taylor
August 01, 2017 05:00 AM

FRANKFURT -- Germany's Volocopter said it has received 25 million euros ($30 million) in funding to develop an electric flying taxi, with Daimler among the firms providing fresh cash. Daimler joined a consortium which includes technology investor Lukasz Gadowski, who sits on the supervisory board of Delivery Hero, and others, Volocopter said in a statement.

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