Funding

Drone startup Airbound raises $8.65 million in seed funding; aims to cut delivery cost to one rupee

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Bengaluru-based autonomous logistics startup Airbound has raised $8.65 million in seed funding in a round led by Lachy Groom, cofounder of Physical Intelligence, with participation from Humba Ventures, Lightspeed Venture Partners, and senior leaders from Tesla, Anduril, and Ather Energy.

Founded in 2023 by Naman Pushp, the startup builds its drones on a blended-wing-body design capable of vertical takeoff and fixed-wing flight. Unlike quadcopter drones, Airbound’s tail-sitter takes off like a rocket and flies like a plane. These drones are built…

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