Airbound raises $37M to make drone delivery cheaper than road

Bengaluru-based autonomous logistics startup Airbound has raised $37 million in Series A funding, taking its total capital raised to nearly $50 million since its founding in 2023.

The company, founded by Naman Pushp, is developing lightweight autonomous aircraft designed to compete with everything from scooters to trucks.

Airbound has already completed more than 13,000 autonomous flights, including healthcare deliveries that cut hospital sample transport times from hours to minutes.