Latest round

Series C

Last raised

May 2026

Total raised

$488M

Investors

34

About Volant

Based in Shanghai, China and founded in 2021, Shanghai Volant Aerotech Co., trading as Volant, is an aircraft developer that focuses on the development of passenger electric vertical take-off and landing aircraft (eVTOL). The company's core team members worked at GE, COMAC, Honeywell and other aviation companies. It has cooperated with China Southern General Aviation, AVIC Aviation Rescue, AsiaJet and other companies. Ming Dong, the company’s founder and CEO, worked at AVIC, General Electric, GE and Rockwell Collins. The company operates a smart manufacturing site and a flight test base in Zigong, Sichuan Province, China. Volant engages in the research and development, production and sales of passenger-grade eVTOL intelligent manned aerial vehicles and other intelligent unmanned aerial vehicles. The company's flagship product, the eVTOL model VE25-100, can carry 6 people, has a range of 200–400 km, and a cruising speed of 235km/h. The aircraft can be used in areas such as urban transportation, aerial sightseeing, offshore oil field transportation and medical emergencies. The company primarily generates revenue from the manufacturing and commercialization of eVTOL aircrafts and fees from related services.

Who invested in Volant

34 investors across 10 rounds

See all investors in Volant

Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series C

    May 27, 2026

    Amount

    $147M

    Investors

    Locked

  2. Series C

    Apr 27, 2026

    Amount

    $300M

    Investors

    Locked

  3. Series B

    Nov 14, 2025

    Amount

    Undisclosed

    Investors

    Locked

  4. Series B

    Sep 29, 2025

    Amount

    Undisclosed

    Investors

    Locked

  5. Series A

    Aug 19, 2024

    Amount

    Undisclosed

    Investors

    Locked

  6. Series A

    Jul 5, 2024

    Amount

    $14M

    Investors

    Locked

  7. Series A

    Jun 11, 2024

    Amount

    Undisclosed

    Investors

    Locked

  8. Series A

    Apr 29, 2024

    Amount

    $14M

    Investors

    Locked

  9. Series A

    Mar 5, 2024

    Amount

    $14M

    Investors

    Locked

  10. Seed

    Sep 16, 2021

    Amount

    Undisclosed

    Investors

    Locked

Questions about Volant

Who invested in Volant?

Volant has 34 investors on record across 10 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Volant raised?

Volant has raised 10 venture rounds. Sign up free to see how much each round raised and the total.

When did Volant last raise money?

Volant's most recent round on record is a Series C, in May 2026.

What does Volant do?

Based in Shanghai, China and founded in 2021, Shanghai Volant Aerotech Co.

Where is Volant headquartered?

Volant is headquartered in Shanghai, China.

Which VCs invest in companies like Volant?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back aerospace companies at Volant's stage. Their profiles are linked below.

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