Key Takeaways
- SkyDrive Inc. raised ¥8.3 billion in Pre-Series D funding, led by MUFG Bank with additional support from various railway companies.
- New strategic partnerships with JR East and JR Kyushu aim to integrate eVTOL technology into existing transport networks, enhancing mobility solutions in Japan.
- The company plans to use the funding to advance certification processes for its eVTOL aircraft and expand its development team and testing infrastructure.
Funding and Partnerships
SkyDrive Inc., a prominent eVTOL (Electric Vertical Takeoff and Landing) manufacturer based in Japan, has successfully raised ¥8.3 billion in Pre-Series D funding. This funding round, led by MUFG Bank, attracted investments from several notable entities, including Suzuki Motor Corporation and both East Japan Railway Company and Kyushu Railway Company. With this latest investment, SkyDrive’s total funding now exceeds ¥43 billion.
Company Vision and Goals
Since its establishment in 2018, SkyDrive has aimed to spearhead a “once-in-a-century mobility revolution,” with aspirations for widespread eVTOL usage in Japan and globally. The company is actively pursuing type certification, a pivotal step in commercializing its innovative aircraft. As of February 2025, Japan’s Civil Aviation Bureau (JCAB) has issued a G-1 certification basis for SkyDrive’s SKYDRIVE SD-05, a three-seater eVTOL. This marks a significant advancement in SkyDrive’s certification processes, which include extensive flight tests and infrastructure enhancements supported by the new funding.
Strategic Collaborations with Rail Networks
Building upon existing partnerships with Osaka Metro and Kintetsu Group Holdings, SkyDrive has welcomed JR East and JR Kyushu as new strategic partners. With four railway companies now involved in its initiatives, SkyDrive aims to create integrated transport solutions that streamline air and ground transport. These partnerships will target developing air routes and vertiports, along with enhancing public acceptance of eVTOL technology.
Yoichi Kise, CEO of JR East, emphasized this alliance as a milestone in advancing seamless mobility. He noted that the partnership represents an opportunity to tackle regional transportation issues and create a sustainable transportation ecosystem.
Similarly, Yoji Furumiya, President of JR Kyushu, highlighted the benefits of eVTOLs for both tourism and community development. He stated that the initiative aligns with their broader goals for sustainable mobility and community enhancement.
Investor Insights and Future Directions
Univance Corporation also joined the funding round, expressing confidence in SkyDrive’s mission. Their expertise in automotive systems is expected to contribute significantly to the infrastructure needed for innovative transportation solutions.
Tomohiro Fukuzawa, CEO of SkyDrive, reported solid progress since their last funding in August 2024, including successful flight tests of their eVTOL prototypes. He announced over 380 pre-orders from seven countries, showcasing the company’s expanding international reach. The integration of SkyDrive’s technology into Japan’s railway networks promises to transform mobility experiences for users.
Acknowledging existing investors, Fukuzawa underscored their crucial role in supporting SkyDrive’s technological advancements and business expansion. The funding will bolster development efforts, bringing the vision of air mobility closer to realization.
About SkyDrive Inc.
Founded in 2018, SkyDrive has pioneered the development of eVTOL technology and aims to integrate flying vehicles into everyday life. As the first company to achieve a crewed eVTOL flight in Japan in 2019, SkyDrive is actively partnering with civil aviation authorities to secure necessary certifications. Future demonstration flights are planned, building on previous successes at the Osaka-Kansai Expo site. With a manufacturing partnership with Suzuki, SkyDrive continues to progress towards its goal of mainstream eVTOL usage.
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