Airbound raises $1.7M seed round for delivery drones

Nov 14, 2024 · Funding · Airbound · Delivery

Airbound raised $1.7 million in seed funding to develop lightweight blended-wing-body delivery drones.

Airbound company media
Company media · Airbound
  • Lightspeed led the seed round, with backing from gradCapital.
  • The capital supported development of Airbound TRT drones for low-cost medical and logistics deliveries.
  • The event adds operating or commercial context for warehouse automation and material-handling robotics.

Airbound builds autonomous delivery drones and logistics operations for healthcare, e-commerce and public-service delivery in India. Its TRT blended-wing-body tailsitter carries about 1 kg over roughly 40 km, and Andhra Pradesh signed an MoU with Airbound for a large-scale Amaravati drone-delivery network.