The Slovakian flying car designer AeroMobil (www.aeromobil.com) has announced further private investment from Martin Hauge, a European venture capitalist.

This comes as AeroMobil sees growing interest from investors and prospects following the recent launch of the next-generation AeroMobil flying car.

In April, the company confirmed investment from Patrick Hessel, founder and CEO of c2i, a manufacturer of composite parts for the aerospace and automotive industries (now part of LG Group).

Mr Hauge is currently non-executive chairman at London-based Frog Capital Ltd and No Isolation AS, and he still serves on the board of Creandum GP. 

Previously he has worked with start-ups in the automotive sector, building and selling Autobutler to the PSA Group.

Mr Hauge was until recently the chairman of Automile, a platform for fleet management, having raised $12.85 million from investors including Jason Lemkin, Niklas Zennström and Salesforce.

He said: “I have been following the AeroMobil story for some time, and having seen the launch of the concept, it is now the right time to invest in the company’s vision and strategy.

“I’ve worked with numerous inspiring entrepreneurs over the years, and meeting the AeroMobil team, it is clear they have the passion, expertise and commitment needed to disrupt the personal-transportation sector.”

AeroMobil has already revealed the production-ready design for its vehicle. The company is now taking pre-orders for a limited edition and expects customers to take delivery of the vehicle by 2020.