Geely-backed flying car startup Aerofugia raises undisclosed Series B funding

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Chinese flying taxi startup Aerofugia has raised “several hundred million RMB” (between $13.76 million and $137.5 million) in a new round of funding led by state-backed investment fund Orinno Capital, one year after closing Series A in excess of RMB 100 million last June. The Series B closed by the subsidiary of Chinese automaker Geely[…[…
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