#Delivery

Airbound Raises $8.65M for Rocket-Like Delivery Drones

Indian drone startup Airbound secured $8.65 million to develop rocket-like drones for one-cent deliveries.

Chowdeck Lands $9M to Expand African Food, Quick Commerce

Chowdeck secured $9 million in Series A funding to expand its African food and quick commerce operations. Novastar Ventures led the round, with participation from Y Combinator and others. This capital will support the launch of dark stores and further expansion into Nigeria and Ghana.

Calo Secures $39M Series B Extension for UK Expansion

Your Next Drone Delivery Is Smarter and Safer with Flytrex and Wing’s UTM Strategic Coordination

Locad Secures $9M Pre-Series B Funding to Drive Global Expansion into UAE and Saudi Arabia

<p>The round was co-led by Global Ventures and Reefknot Investments, with participation from Sumitomo Equity Ventures, Antler Elevate, Febe Ventures, and JG Summit.</p><p>Entry into the UAE and Saudi Arabian markets by Q4 2024.</p>

Airbound Emerges From Stealth With $1.7 Million to Make Drone Delivery Economically Viable, Everywhere

<p>"Our goal is to create a world where delivery is essentially free."</p><p>Their new methods to manufacture carbon fiber, allow them to reduce the weight of their Airframe from 6 pounds to 400 grams.</p>