Dronamics raised €10M in a funding round led by the European Innovation Council to commercialize its flagship cargo drone for long-range transportation.
Amount Raised
€10 Million
Round Type
Funding Round
CaliforniaTransportationTravelAerospaceInvestors
Description
Dronamics, the world’s first cargo drone airline, has received a €10 million investment from the European Innovation Council. The funding will be used for the commercialization of its flagship Black Swan cargo drone and for initial flights operating out of Greece.
Quick answer
Dronamics raised €10 Million in a Funding Round round, dated March 19, 2024. Investors: European Innovation Council. Dronamics is based in California, United States.
- How much did Dronamics raise?
- Dronamics raised €10 Million in a Funding Round round on March 19, 2024.
- Who invested in Dronamics?
- European Innovation Council is named as investors in this round.
- What does Dronamics do?
- Dronamics is developing the world-leading cargo UAV "The Black Swan" - a fixed-wing, remotely-piloted aircraft that can transport up to 350 kg at a range of up to 2,500 km, cheaper than any aircraft in existence.
- Where is Dronamics based and how big is it?
- Dronamics is based in California, United States. Fundz records about 128 employees.
- Who are the decision-makers at Dronamics?
- Fundz holds 1 contact at Dronamics, including the Chief Communications Officer. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Transportation and Travel around the same time
Companies in the same sectors as Dronamics that raised within 45 days of this round, from Fundz verified event records.
- Jet.AI raised $1.5M (Seed) on March 28, 2024.
- TCab Tech raised $20M (Series A) on March 26, 2024.
- flyExclusive raised $25M (Series A) on March 5, 2024.
- Bolt raised $236M (Funding Round) on May 3, 2024.
- Portal Space Systems raised an undisclosed amount (Funding Round) on April 30, 2024.
- inDrive raised $150M (Funding Round) on March 14, 2024.
Who to call at Dronamics, and when
A new round usually means Dronamics is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Dronamics raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Dronamics, from your own LinkedIn network
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Related People
Dronamics 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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