Entrepreneur News Network

Airbound Raises $37 Mn to Build Autonomous Aircraft for Cargo and Passengers

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Bengaluru-based aerospace startup Airbound has raised $37 million in Series A funding as it moves closer to commercialising autonomous aircraft for logistics and, eventually, passenger transportation. The funding round was led by Greenoaks, with participation from DoorDash, Lachy Groom, Lightspeed and Humba Ventures. Airbound plans to use the fresh capital to accelerate aircraft engineering, large-scale … Read more

Skylark Labs Eyes $150 Million Funding at $1 Billion Valuation to Scale AI-Powered Defense Technology

Skylark Labs

California-based artificial intelligence startup Skylark Labs is reportedly in advanced discussions to raise between $100 million and $150 million in a new funding round that could value the company at more than $1 billion, positioning it to join the growing list of AI unicorns. The company, which develops AI-powered autonomous systems for defense, border security, … Read more