Fundraise

SkyTaxi raises early-stage VC from the Osaka Regional Revitalization Fund

What's the deal? SkyTaxiDealroom has a profile for this one. Try Dealroom →, an Osaka-based startup building an air taxi service using eVTOL aircraft, has secured early-stage venture capital from the Osaka Regional Revitalization Fund. The fund — set up by Osaka Shinkin BankDealroom has a profile for this one. Try Dealroom → and ABAKAMDealroom has a profile for this one. Try Dealroom → in partnership with the Osaka prefectural government — selected SkyTaxi as its second portfolio company.

Founded in 2022, SkyTaxi aims to offer on-demand passenger flights across urban areas, tourist destinations, and disaster zones. It will use the new capital to advance business development, regulatory approvals, and partner recruitment.

Why now? The 2025 Osaka-Kansai World Expo put next-generation mobility squarely in the spotlight, boosting public and institutional interest in urban air transport. That momentum is now translating into capital deployment.

SkyTaxi is preparing to apply for an air transport business licence — a process that demands significant resources. The funding gives it runway to tackle that regulatory groundwork while the policy window is favourable.

What could go wrong? Air taxis remain a largely pre-commercial technology worldwide. Certification of eVTOL aircraft, airspace integration, and public acceptance are all unresolved challenges that have delayed timelines for far better-funded players globally.

SkyTaxi has not disclosed the size of the round, making it hard to gauge whether it has the resources to compete in a capital-intensive industry. Building aviation infrastructure from scratch — vertiports, maintenance, trained crews — is expensive, and regional fund backing alone may not be enough.

The signal: SkyTaxi is only the second company backed by the Osaka Regional Revitalization Fund, underscoring how nascent — and selective — these prefecture-linked investment vehicles still are. The fund's structure, pairing a community lender like Osaka Shinkin Bank with a corporate investor in ABAKAM under a public mandate, represents a Japanese twist on mission-driven capital that could be replicated by other regions looking to seed deep-tech sectors locally.

Read more: PR TIMES

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