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Airbound secures $37M in Series A funding led by Greenoaks to enhance drone logistics for cheaper goods transport, competing with trucks.

PRIVATEAug 25, 2026•about 5 hours ago

Amount Raised

$37 Million

Round Type

Series A

BengaluruLogistics

Investors

Humba VenturesLightspeedLachy GroomDoor DashGreenoaks

Description

Airbound, a startup focused on autonomous drones, has raised $37 million in a Series A round led by Greenoaks, with participation from DoorDash and others. The company aims to make air cargo as cost-effective as road transport. This latest funding follows an $8.65 million seed round secured less than a year ago. Airbound is developing innovative drones designed to make aerial logistics competitive with trucking.

Company Information

Company

Airbound

Location

Bengaluru, Karnataka, India

About

Airbound is a group of young individuals that share a passion to innovate within the logistics industry to dramatically improve drone delivery accessibility and infrastructure. Instead of building warehouses and large centers, we're focused on only bringing what is necessary - the drone itself, so that anyone can use our delivery in no time.

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Funding Insights

Based on industry data
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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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