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Autoflight Lands $100M (Usd) Investment In Series A Funding From Team Global And Its Founder Lukasz Gadowski

Nov 22, 2021•over 3 years ago

Amount Raised

$100 Million

Round Type

series a

Shanghai

Description

AutoFlight, a global electric vertical take-off and landing (eVTOL) startup specializing in developing and manufacturing autonomous aerial vehicles, announces a $100M (USD) Series A investment by European technology-investor Lukasz Gadowski and his company, Team Global. The capital from the financing will be used for international expansion as well as scaling cargo eVTOL production for customers. AutoFlight also announced that Gadowski has been appointed to its board of directors.

Company Information

Company

Auto Flight

Location

Shanghai, Shanghai, China

About

AutoFlight is a global high-tech startup, born in China, specializing in developing and manufacturing autonomous aerial vehicles. AutoFlight's mission is to provide safe and reliable aerial logistic systems and urban air mobility solutions for society. By leveraging new technologies in aviation, new material, artificial intelligence, autonomous driving, and 5G, AutoFlight actively drives development in the eVTOL industry. AutoFlight is headquartered in Shanghai with a passenger flight-control system research center in Europe, an operation and test center in U.S. The company owns a diversified eVTOL product mix, with a focus on large scale logistic aircraft and autonomous passenger aerial vehicles. Jack XuJack.xu@autoflight.com Tian Yu, founder, chairman and CEO of AutoFlight - Lukasz Gadowski - Team Global founder

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