importantSYS.SOURCE: TechCrunch• 2026-08-25T03:30:00Z

India's Airbound Secures $37M for Rocket-Like Drones to Compete with Trucking

#drones #funding #logistics #startups #regulation

India's Airbound raised $37M to develop lightweight, rocket-like drones aiming to match trucking costs. The startup has completed 13,000 flights and plans a three-city drone network in Andhra Pradesh.

Airbound's ultra-lightweight approach to drone delivery has attracted backing from Greenoaks, DoorDash, and Silicon Valley investor Lachy Groom.

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