China Digest: Flying car maker Volant, HK-based medtech startup Aitrasound close new rounds

Shanghai-based eVTOL aircraft developer Volant has secured almost 100 million yuan ($14.1 million) in a Series A+ funding round, less than two months after closing its Series A round.

Volant raised the Series A+ round to fund the trial flights of its pipeline products and the development of new models, with a focus on commercial passenger eVTOL aircraft that can accommodate up to five people, including the pilot.