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