Air mobility startup Bumble Bee Flights raises $37 million in funding from SRAM & MRAM Tech

Air mobility solutions startup Bumble Bee Flights said on Tuesday it has raised $37 million (Rs 300 crore) from UK-based SRAM & MRAM Technologies and Resources to set up a self-driven air taxi assembly plant in Odisha.

Founded by Arjun Das early this year, the Bengaluru-based startup plans to launch the first human-carrying prototype by April next year, the firm said in a statement. It will manufacture certified air taxis under the Bee Flights brand and be available for production by 2024.