Skyports Extends Series A Capital Raise to £6M

Skyports

Skyports, a London, United Kingdom, UK-based urban air mobility infrastructure (UAM) provider and drone delivery operator, raised an extension to its Series A funding, which now totals £6m.

Irelandia Aviation made the investment joining Series A backers Deutsche Bahn Digital Ventures, Groupe ADP and Levitate Capital in the round. Founder and managing partner of Irelandia Aviation, Declan Ryan, will take a seat on the Skyports board.

The company intends to use the funds to continue its programe of site acquisition for passenger and cargo vertiports in cities around the world, including Singapore and Los Angeles and expand its team to enable the full commercialization of its urban and rural drone delivery services.

Led by Duncan Walker, Chief Executive Officer, Skyports is working with electric vertical take-off and landing (eVTOL) passenger and cargo vehicle manufacturers around the world to secure, design, build, own and operate vertiports enabling safe and efficient flight operations within urban and suburban environments. In addition, the company develops, implements and operates end-to-end cargo drone deliveries within the medical, e-commerce and logistics sectors. Skyports has projects operating in multiple continents, including in Europe, North America, Asia and Africa.

FinSMEs

09/03/2020

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