As Autonomous Technology Transforms the Global Freight Sector, Natilus Attracts More Seed Investment from Starburst Ventures, Seraph Group, Gelt VC, Outpost Capital and Draper Associates
Summary
Natilus closed a second seed funding round with backing from Starburst Ventures, Seraph Group, Gelt VC, Outpost Capital, and Draper Associates. The company builds large unmanned cargo aircraft and plans to use the capital to scale its team and flight-testing operations. Natilus also expects to complete design work on its 12,000-pound e-commerce drone and move toward a commercial market launch in 2020. The article highlights interest from freight operators that want to integrate cargo drones into their networks to improve cost, speed, and connectivity.
Funding
Amount
$14.0M
Total raised
Date
May 18, 2021
Announcement date
Investors
Starburst Accelerator, Capital Factory, Draper Associates, Gelt VC, Soma Capital, Lateral Capital Management, Starburst Aerospace Accelerator, Vectors Angel, Gotham Ventures, Seraph Group
Lead investors
Company
http://natilus.co
Funded company
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applications
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