Superangel participates in seed investment round to F-Drones
F-Drones is building the world’s first transition drone to enable aerial deliveries to oil rigs and ships. EstVCA member Superangel joined the $1.4m+ round along with SEEDS Capital, Techstars, Entrepreneur First with a ticket of $75k.
F-drones is the first company in the world to provide 24/7 commercial Beyond-Vision-Line-Of-Sight (BVLOS) drone deliveries to ships. It is developing the Hyperlaunch Heavy (HLH), a fully electric and autonomous proprietary drone, capable of delivering 100kg payloads over 100km. “We are very excited to be able to close the round with more capital than we initially intended. This demonstrates the industry’s confidence in our capability and vision to make maritime logistics more efficient, sustainable and safe. The capital will enable us to grow our team, accelerate our technology development and bring an unparalleled solution to market faster”, says Yeshwanth Reddy, co-founder of F-drones.
Photo credit: CHUTTERSNAP/Unsplash; F-Drones
F-drones is the first company in the world to provide 24/7 commercial Beyond-Vision-Line-Of-Sight (BVLOS) drone deliveries to ships. It is developing the Hyperlaunch Heavy (HLH), a fully electric and autonomous proprietary drone, capable of delivering 100kg payloads over 100km. “We are very excited to be able to close the round with more capital than we initially intended. This demonstrates the industry’s confidence in our capability and vision to make maritime logistics more efficient, sustainable and safe. The capital will enable us to grow our team, accelerate our technology development and bring an unparalleled solution to market faster”, says Yeshwanth Reddy, co-founder of F-drones.
- Read more on the investment in Superangel’s blog post HERE
- Investment announcement on F-Drone’s website HERE
Photo credit: CHUTTERSNAP/Unsplash; F-Drones