Airbound raised $37 million in a Series A led by Greenoaks, with DoorDash, Lachy Groom, Lightspeed and Humba Ventures participating and no valuation disclosed.
The round takes total funding to nearly $50 million since 2023, and will fund engineering, commercial-scale manufacturing and go-to-market.
Airbound builds tail-sitter drones designed to weigh less than their payload and positions itself as an aircraft manufacturer, not a delivery operator, targeting cost parity with trucking.
Traction of 13,000-plus flights is company-stated and concentrated in narrow deployments, and the path to its 10,000-daily-flight goal depends on beyond-visual-line-of-sight regulatory approvals.
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