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DateInvestorsAmountRound
N/A

$2.3m

Seed

N/A

Early VC
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$5.0m

Early VC
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N/A

$20.0m

Debt
Total Funding€6.6m

Recent News about DroneUp

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DroneUp, founded in 2016 and headquartered in Virginia Beach, Virginia, is a pioneering company in the field of autonomous drone delivery services. The company specializes in last mile logistics, which refers to the final step of the delivery process where goods are transported from a distribution hub to the end customer. DroneUp serves a diverse range of clients including retail businesses, quick service restaurants (QSRs), medical providers, and other sectors requiring efficient delivery of parcels weighing under 10 pounds.

DroneUp operates within the logistics and technology market, leveraging its proprietary network of products to offer cost-effective and efficient delivery solutions. The company employs a business model focused on providing autonomous drone delivery services, which are designed to enhance speed, efficiency, and scalability. Revenue is generated through service contracts with businesses that require reliable and rapid delivery solutions.

The company’s technology includes an unmanned aircraft system that features increased range, payload capacity, and speed, making it a leader in its industry. DroneUp prides itself on its product-led approach, recruiting top talent from both the autonomous flight industry and the sectors it serves to ensure a deep understanding of the problems it aims to solve.

Keywords: autonomous drones, last mile logistics, delivery solutions, retail delivery, QSR delivery, medical delivery, unmanned aircraft, payload capacity, efficiency, scalability.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by DroneUp

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ACQUISITION by DroneUp Dec 2021