Fundz

Airbound raised $1.7M in seed funding led by Lightspeed to develop next-generation lightweight drones for cost-effective drone delivery.

PRIVATENov 14, 2024

Amount Raised

$1.7 Million

Round Type

Seed

BengaluruManufacturingLogisticsAviation & Aerospace

Investors

gradCapitalLightspeed

Description

Airbound, a drone delivery startup, secured $1.7 million in seed funding to build efficient delivery drones. The funding round was led by Lightspeed, with participation from gradCapital and notable angel investors.

Quick answer

Airbound raised $1.7 Million in a Seed round, dated November 14, 2024. Investors: gradCapital and Lightspeed. Airbound is based in Bengaluru, Karnataka, India.

How much did Airbound raise?
Airbound raised $1.7 Million in a Seed round on November 14, 2024.
Who invested in Airbound?
gradCapital and Lightspeed are named as investors in this round.
What does Airbound do?
Airbound is building the world's most advanced drones to reduce the cost of delivery by over 137x.
Where is Airbound based and how big is it?
Airbound is based in Bengaluru, Karnataka, India. Fundz records about 45 employees.
Who are the decision-makers at Airbound?
Fundz holds 2 contacts at Airbound, including the Founder and CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Logistics and Aviation & Aerospace around the same time

Companies in the same sectors as Airbound that raised within 45 days of this round, from Fundz verified event records.

  • LEAP India Limited raised $63M (Private Equity) on December 26, 2024.
  • Azio AI Holdings, Inc. raised $4.4M (Seed) on December 18, 2024.
  • Zevo raised $2M (Pre-Series A) on October 3, 2024.
  • Genesis Systems raised $25M on December 28, 2024.
  • Leanworx raised $977K (Seed) on December 27, 2024.
  • QTREX Quantum Ltd raised $8.3M on December 27, 2024.

Who to call at Airbound, and when

A new round usually means Airbound is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Airbound raises, hires an executive or expands, scored against what you sell
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  • Who you already know at Airbound, from your own LinkedIn network

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Company Information

Company

Airbound

Location

6 Kasaba Hobli Road

Bengaluru, Karnataka, India

About

Airbound is building the world's most advanced drones to reduce the cost of delivery by over 137x. By improving structural efficiency by 7x and aerodynamics by 6x, our drones create a world where no delivery costs more than a nickel.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Airbound raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsNaman P., Founder and CEO hiddenSee plans and pricing
Predictive Intelligence
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Airbound raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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