Air mobility firm secures £5.35m in Series A funding to expand operations

An urban air mobility infrastructure provider and drone delivery operator has raised £5.35m in Series A funding to boost its acquisition strategy.

Skyports has raised the funds in an investment round led by Deutsche Bahn Digital Ventures (DBDV) and Groupe ADP, with participation from Levitate Capital.

Based in London, Skyports specialises in urban aviation solutions and plans to use the investment to continue its programme of acquiring sites for passenger and cargo vertiports in cities around the world, including Singapore and Los Angeles.

In addition, the firm plans to further develop its drone delivery business as well as expanding its team for full commercialisation of its delivery services.

Duncan Walker, chief executive officer of Skyports, commented: “We are delighted to welcome strategic investors with a long-term vision for the company.

“Our investors bring expertise in mobility, infrastructure and airport operations. Their significant balance sheets and strong leadership in their respective markets allow Skyports to consolidate its leading position in the industry in these early stages and through to permanent commercial operations in multiple markets.”

Edward Arkwright, deputy chief executive officer of Groupe ADP, added: “Vertical take-off and landing (VTOL) vehicles are a new expression of airport activity – infrastructure, vehicle handling and passenger experience.

“We are setting ourselves up to play a leading role in the development of Urban Air Mobility in the Paris Region and internationally through our 25 airports worldwide.

“This strategic partnership will allow us to develop a deeper understanding of the emerging VTOL market and will provide strong synergies through Skyports’ expertise in urban areas.”

Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →

Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.