Cathie Wood-Backed VC Group, Walmart Heirs Explore Mobility (2)

Billionaires and their sweet dreams of flying machines are converging on northwest Arkansas this week, where a Cathie Wood-backed venture capital group and heirs to the Walmart Inc. fortune are hosting a conference on the future of mobility.

The invitation-only UP.Summit brings together investors, executives, startups and founders to discuss everything from battery-electric planes to drone technology, EV batteries and developments in autonomy. Organizers say more than $1 trillion of assets under management will be represented at the conference, drawing 250 attendees from 30 countries.

Walmart heir Steuart Walton and Cyrus Sigari, co-founder of the Cathie Wood backed VC firm UP.Partners, talk about their UP.Summit.

Source: Bloomberg

In his pitch for the event, Cyrus Sigari, co-founder of VC firm UP.Partners, ...