New and existing investors have backed a series-C extension round for Germany-based electric helicopter and air taxi startup Volocopter, bringing the total series-C funding to €87m following a €50m round in September 2019.
Investindustrial sells its remaining stake of 4.12% in the company, fully exiting the investment
Following the deal, CCV Schweiz will be integrated with Concardis Schweiz, which is part of Nets Group
Minority shareholder IMS Capital has also filed for insolvency; Getnow is now seeking new investors
Exit from Rutland Fund III realises a return of 5.7x on the original cost of the investment