SLOVAKIA — AeroMobil, the leading flying car designer, announced that InfraPartners Management (IPM), a global fund management and advisory firm, agreed to a second investment round in AeroMobil under its IPM Growth Division.
“We are delighted to have received not just this significant investment, but further validation from a prominent fund and advisory company,” said Juraj Vaculik, CEO and Co-Founder, AeroMobil. “Now that we have launched the next generation of the AeroMobil flying car we are 100% focused on getting the vehicle ready for testing this year and delivery to our first customers by 2020. We are confident the engineering and technology approach we have taken will ensure this vehicle will meet growing demand for personal air transport.”
“Aeromobil is one of Slovakia’s greatest success stories and one of its most recognised brands shaping the future of mobility. We are happy to support AeroMobil, as IPM Growth aims to become one of the leading go-to-scale-up investment platforms for investors interested in Central and Eastern Europe technology companies with global ambitions,” said Marian Bocek, Managing Partner, IPM. “We have looked at the competing strategies under development and it is clear that AeroMobil is much further along in its plans. We will continue to support AeroMobil in the fastest growing markets, especially in Asia.”
The funds support the next stage in the development of the flying car and IPM is leading an investment roadshow in Asia to capitalise on growing investor interest in the region. IPM, with its strategic partners and strong investor base in China and Korea, will help AeroMobil attract investors, who recognise the potential of multi-modal personal air transport at a time of significant expansion in aero-infrastructure across Asia.
Adrian Vycital, Managing partner, IPM added – “We were convinced the company’s leadership team is very focused on delivering a real solution to the problems of over-congestion and struggling infrastructure based on a sound grasp of the engineering and regulatory requirements for flying cars.”