Autonomous air mobility solutions provider Bumble Bee Flights raised $37 million from the UK-based technology conglomerate SRAM & MRAM Technologies and Resources Limited.
Bumble Bee Flights intends to use the new funds to establish an assembly plant in Odisha for the production of air taxis, with the first prototype expected to be launched in April 2023. Bee Flights air taxis would be powered by solar-charged swappable batteries and weigh approximately 300 kg. The startup intends to design and manufacture air taxis while collaborating with operators around the world to service, support, and run the operations.
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Autonomous air mobility solutions provider Bumble Bee Flights raised $37 million from the UK-based technology conglomerate SRAM & MRAM Technologies and Resources Limited.
Bumble Bee Flights intends to use the new funds to establish an assembly plant in Odisha for the production of air taxis, with the first prototype expected to be launched in April 2023. Bee Flights air taxis would be powered by solar-charged swappable batteries and weigh approximately 300 kg. The startup intends to design and manufacture air taxis while collaborating with operators around the world to service, support, and run the operations.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
StartupNews.fyi is a leading global startup and technology media platform known for its end-to-end coverage of the startup ecosystem across India and key international markets. Launched with the vision of becoming a single gateway for founders, investors, and ecosystem enablers, StartupNews.fyi has grown steadily over the years by publishing tens of thousands of verified news stories, insights, and ecosystem updates, reaching millions of startup enthusiasts every month through its digital platforms and communities.
