Dronamics has raised a $40M Pre-Series A funding round to provide drones that carry heavy objects used in logistics.
Since its inception in 2014, the company has raised $60M.
- Dronamics provides drones that can carry heavy objects for logistics purposes.
- Its flagship drone can carry 770 pounds (330 kg) over a distance of up to 1,550 miles (2,500 km). The company claims this product is up to 80% faster, 50% cheaper, and has 60% lower emissions than the other options on the market.
- The company was backed by Founders Factory, Speedinvest, Eleven Capital, and the Strategic Development Fund.
- The drone manufacturer is planning to launch a strategic partnership with the UAE and plans to make the country its base for the MENA region.
- Dronamics is based in London, U.K.
