Israel’s NSLComm raises $6.25 million for its nanosatellite tech

NSLComm, which is building low cost, faster nanosatellite technology, has raised $6.25 million in a Series B round from JVP, Liberty, OurCrowd, Hawk GF, and EI AI Group’s Cockpit Innovation. According to the Israeli company, its nanosatellite technology can transfer data at rates of 1Gbps, compared with the current average of 10Mbps seen in most […]

Wingly raises €2 million for its carpooling for flights service

Flight sharing platform Wingly has raised €2 million in a seed round from former German vice chancellor Philipp Rösler, former Daher Socata CEO Stephane Mayer, and VC firm Howzat Partners. Sometimes described as carpooling for flights, the UK-based startup connects private pilots with passengers. Pilots list routes that they are flying and available seats. The […]

Jet charter startup Victor raises $18 million, forms new group with investors

Victor, an online marketplace for booking private jet charter trips, has raised $18 million from BBA Aviation and BP Ventures. The company and investors have now established Alyssum Group, a new organisation for boosting the aviation business ecosystem. Existing shareholders in Victor also participated in the investment and formation of the group. Alyssum Group, based […]

Bird.i raises $2.6 million to make satellite images more accessible

Satellite imaging and intelligence startup Bird.i, based in Glasgow and London, has raised $2.6 million led by Accelerated Digital Ventures with participation from Concrete VC, Frontline Ventures, Satellite Application Catapult Services, and the Scottish Investment Bank. The startup provides real-time imaging and intelligence to businesses taken from satellites and now plans to scale the business […]

Volocopter raises further €5 million for its autonomous flying taxi

Flying taxi Volocopter has raised a further €5 million in funding from Intel and new investor btov Partners. Volocopter is an autonomous flying taxi that can carry two passengers and is capable of vertical take-off and landing (VTOL). The additional cash injection comes a couple of months after the German company raised €25 million led […]

Jet charter marketplace Victor raises $20 million led by BP

Victor, an on-demand marketplace for private jet charter has raised $20 million. BP Ventures, the investment arm of energy giant BP, has invested $10 million with the remaining funds in the round coming from existing shareholders. The company will now move beyond its B2C model. The round of funding will be invested into growing the […]