F-Drones completes seed capital raising : vimarsana.com

F-Drones completes seed capital raising


F-drones co-founders Yeshwanth Reddy (left) and Nicolas Ang (right)
Start-up F-Drones, aiming to deliver payloads of up 100kg to ships, has completed the raising of seed capital.
The funding round was led by Eastern Pacific Shipping (EPS) with participation from Innoport, the venture arm of Schulte Group, along with SEEDS Capital, Entrepreneur First, Orient Ventures, Superangel and some Singapore based angel investors.
F-Drones offers commercial Beyond-Vision-Line-Of-Sight (BVLOS) drone deliveries to ships and is developing a drone capable of handling payloads of up to 100kg – the Hyperlaunch Heavy.
“The capital will enable us to grow our team, accelerate our technology development and bring an unparalleled solution to market faster,” said Yeshwanth Reddy, co-founder of F-drones.

Related Keywords

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