Hybrid VTOL manufacturer Volans-i raises $20 million series A funding

Volans-i, Inc., an on-demand aerial delivery business based in San Francisco, has raised $20 Million in Series A funding. The funding was led by Lightspeed Venture Partners, who was the lead investor for Volans-i's seed round funding, with support from Y Combinator. Volans-i builds and operates high-speed long-range drones for on-demand delivery of time-critical shipments. ["]