Drone startup Airbound raises $8.65 million in seed funding; aims to cut delivery cost to one rupee

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Bengaluru-based autonomous logistics startup Airbound has raised $8.65 million in seed funding in a round led by Lachy Groom, cofounder of Physical Intelligence, with participation from Humba Ventures, Lightspeed Venture Partners, and senior leaders from Tesla, Anduril, and Ather Energy.

Founded in 2023 by Naman Pushp, the startup builds its drones on a blended-wing-body design capable of vertical takeoff and fixed-wing flight. Unlike quadcopter drones, Airbound’s tail-sitter takes off like a rocket and flies like a plane. These drones are built…



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Drone startup Airbound raises $8.65 million in seed funding; aims to cut delivery cost to one rupee



Bengaluru-based autonomous logistics startup Airbound has raised $8.65 million in seed funding in a round led by Lachy Groom, cofounder of Physical Intelligence, with participation from Humba Ventures, Lightspeed Venture Partners, and senior leaders from Tesla, Anduril, and Ather Energy.

Founded in 2023 by Naman Pushp, the startup builds its drones on a blended-wing-body design capable of vertical takeoff and fixed-wing flight. Unlike quadcopter drones, Airbound’s tail-sitter takes off like a rocket and flies like a plane. These drones are built…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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