Indian drone delivery company Airbound has raised $37 million in a funding round led by Greenoaks, with participation from DoorDash and Silicon Valley investor Lachy Groom. The company aims to disrupt the trucking industry by utilizing ultra-lightweight drones for delivery.
Airbound’s funding will be used to scale its drone delivery technology. The company is taking on the trucking industry with a novel approach focused on ultra-lightweight drones.
The investment round included backing from Greenoaks, DoorDash, and Silicon Valley investor Lachy Groom, signaling confidence in Airbound’s potential to revolutionize logistics.
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