Ascendance Flight Technologies has raised €21 million in funding so far. The startup has developed a full-scale prototype of its VTOL aircraft concept, Atea. (Photos: Ascendance Flight Technologies) French startup Ascendance Flight Technologies announced in late March that it has raised €21 million (about $22.8M USD) in funding. Ascendance has developed a full-scale prototype of its vertical take-off and landing (VTOL) aircraft concept, Atea. The VTOL leverages the startup’s hybrid propulsion technology—Sterna—to reduce carbon emissions. The recent fundraising round provided the necessary resources for Ascendance to fly its prototype and begin the certification process. Previous investors Habert Dassault Finance, Céleste Management, IRDI, and M-Capital contributed additional funding to the...