Japanese startup SkyDrive has raised $14 million to advance development of its fly/drive electric vertical-takeoff-and-landing (eVTOL) vehicle. The company plans to begin manned test flights this year. Participants in the latest fundraising include Drone Fund, Z Corp., Strive III, Itochu Technology Ventures and Energy & Environment Investment. SkyDrive has now raised a total of $18.5 million. The company is developing a tandem two-seat, three-wheeled vehicle with four shrouded rotors ...


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