Volocopter raises $170M, now valued at $1.87B, to fuel the first commercial launches of its flying taxi fleet

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Volocopter, the startup out of southern Germany (Bruchsal) that has been developing electric VTOL (vertical take-off and landing) aircraft and a business model for operating them in taxi-style fleets in urban areas, has picked up another big round of funding as it inches closer to its first commercial launches.

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