2 years ago

Dronamics Secures $40 Million for Cargo Drone Expansion

  • Dronamics, a London-based cargo drone airline, has raised $40 million in pre-Series A funding led by Founders Factory, Speedinvest, Eleven Capital, and the Strategic Development Fund (SDF)

  • Dronamics develops and operates large, long-range drones built specifically for cargo, with its flagship Black Swan drone capable of carrying 350 kg up to 2,500 km

  • SDF's investment will also lead to the creation of a UAE-based joint venture, expanding Dronamics' capacity and establishing operations in the Middle East and North Africa region.

      • ProblemTransportation

      "Shipping goods long distances is expensive, slow, and environmentally damaging."

      Solution

      "Dronamics is building large, long-range drones that can carry cargo up to 350 kg for 2,500 km. This is up to 80% faster, 50% cheaper, and 60% lower in emissions compared to traditional airfreight. This will enable same-day shipping over very long distances for industries like pharmaceuticals, food, e-commerce, and spare parts."

      Covered on