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Volant Raises $300.0M Series

Recently funded · $300.0M Series cConsumer ServicesNOView source

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What started as a simple quest for a stylish aroma diffuser in an Oslo flat has now culminated in a significant financial milestone for Volant. The Norwegian company, which designs minimalistic essential oil diffusers, has closed a Series C funding round, securing $300.0M.

Founded by Tobias Nervik and Daniel Hoftun after they struggled to find a diffuser that fit their interior decor, Volant quickly found success with its Scandinavian-designed flagship product. The diffusers, which infuse spaces with fresh aromas for relaxation or focus, became an instant hit in Norway and expanded to 15 countries within its first year.

From the source

AI · Jun 1, 2026

The 5-year-old eVTOL maker’s latest fundraising includes backers like Legend Capital and HSG, formerly known as Sequoia China, who join investors tied to the Shanghai governmentKey Takeaways:🔹Volant has raised a fresh 1 billion yuan in its series C+ funding, just a month after it raised $300 million in its series C🔹The eVTOL maker reportedly plans to list in Hong Kong, boasting a well-connected executive team and a product in the regulatory certification process  By Doug YoungWhen it comes to electric vertical take-off and landing (eVTOL) vehicles, Shanghai Volant Aerotech Co.

Ltd. certainly looks like a company that’s quite well fueled up in terms of industry prowess, investor backing and its path to a Hong Kong IPO. The company has just completed its C+ series funding, raising a fresh sum of nearly 1 billion yuan ($148 million), just a month after raising $300 million in its series C round, according to media reports.Despite its short history, only founded in 2021, Vo

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