Urban-Air Port Secures £20 Million for Flying Taxi Hub Expansion

Urban-Air Port, a UK-based startup developing hubs for flying taxis, has secured £20 million in equity investment

This exceeds the initial target of £10 million, showcasing growing investor interest in the advanced air mobility sector

The funding follows the debut and demonstration of Urban-Air Port's vertiport in Coventry, UK

The investment will be used to expand the company's infrastructure business, with Dymond Group and a European real estate operator participating in the round

Urban-Air Port is strategically positioning itself to capitalize on the growing demand for urban air mobility solutions.