HomeInsightFUNDING NEWS- Newly Funded Startups 2024 Sarla Aviation Raises Pre-Seed Investment from Campus Fund

[Funding News] Sarla Aviation Raises Pre-Seed Investment from Campus Fund

Founders of Sarla Aviation

Sarla Aviation, a pioneer in Urban Air Mobility focusing on Electric Vertical Take-off and Landing vehicles (eVTOLs) or flying taxis, announces its first institutional funding from Campus Fund, with participation from Theia Ventures.

The capital infusion will propel Sarla’s development efforts, enabling testing and validation, advancing the company towards commercialising its product.

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Adrian Schmidt, Co-founder and CEO of Sarla Aviation, commented, “The urban air mobility market presents a tremendous opportunity to reshape how we navigate cities and beyond. With this pre-seed funding, we take a significant stride towards realising affordable air taxis, engineered for deployability and operational efficiency, particularly in emerging markets.”

Richa Bajpai, founder of Campus Fund, said, “Amidst congested urban infrastructures, the urban air mobility market unveils a vast segment ripe for innovation. It is highly encouraging to witness student innovators daring to redefine urban transportation from the ground up. Equally motivating is to see Non-Indian Students choosing India to build their startups!”

About Sarla Aviation

Sarla Aviation provides operational freedom to industry leaders interested in getting into the urban air mobility space. These leaders include ride-sharing companies like Uber and Ola and aviation behemoths like Air India and IndiGo. Sarla Aviation also offers modern aircraft for direct fleet management.

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