Skye Air raised $4M in a Series A funding led by Mount Judi Ventures and others to expand its last-mile network for healthcare, ecommerce, and quick-commerce deliveries.
Amount Raised
$4 Million
Round Type
Series A
New DelhiAerospaceInvestors
Description
Founded in 2019, Skye Air is a drone delivery startup largely focused on sectors such as healthcare, ecommerce, quick commerce, and agriculture. The company raised $4M in a Series A funding round led by Mount Judi Ventures, with participation from Chiratae Ventures, Venture Catalyst, Windrose Capital, Tremis Capital, Faad Capital, Misfits Capital, and others. The funding will be used for product development, infrastructure expansion, and doubling the employee count to around 200 in the next 18 months.
Quick answer
Skye Air raised $4 Million in a Series A round, dated June 11, 2024. Investors: Misfits Capital, Faad Capital, Tremis Capital, Windrose Capital, Venture Catalyst, Chiratae Ventures and Mount Judi Ventures. Skye Air is based in New Delhi, Delhi, India.
- How much did Skye Air raise?
- Skye Air raised $4 Million in a Series A round on June 11, 2024.
- Who invested in Skye Air?
- Misfits Capital, Faad Capital, Tremis Capital, Windrose Capital, Venture Catalyst, Chiratae Ventures and Mount Judi Ventures are named as investors in this round.
- What does Skye Air do?
- Skye Air is a drone delivery startup founded in 2019, largely focused on sectors such as healthcare, ecommerce, quick commerce, and agriculture.
- Where is Skye Air based and how big is it?
- Skye Air is based in New Delhi, Delhi, India.
- Who are the decision-makers at Skye Air?
- Fundz holds 1 contact at Skye Air. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Aerospace around the same time
Companies in the same sectors as Skye Air that raised within 45 days of this round, from Fundz verified event records.
- Momentus raised an undisclosed amount (Convertible Note) on July 18, 2024.
- VerdeGo Aero raised $2M on July 12, 2024.
- Altair raised $3.4M on July 11, 2024.
- MRO Holdings raised an undisclosed amount on July 9, 2024.
- Volant Aero raised $13M (Series A) on July 5, 2024.
- BonV Aero raised $1.7M (Funding Round) on July 3, 2024.
Who to call at Skye Air, and when
A new round usually means Skye Air is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Skye Air raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Skye Air, from your own LinkedIn network
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