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  Irish drone delivery company Manna has secured a $25 million (€20.7 million) investment as it looks to scale the business to operate in multiple markets by 2023. Founded in 2018 by entrepreneur Bobby Healy, Manna has developed aviation-grade drones that fly at 80km/h and deliver goods including groceries, takeaways and medicines, within a three-kilometre radius in less than three minutes. The company has been doing about 100 deliveries a day as part of a trial in Oranmore, Co Galway since last October and is to expand to another Irish location shortly. Mr Healy said he is hopeful th...

Vectra AI, a San Jose, CA-based threat detection and response company, raised $130m in funding. The round, which brought total funding raised to date to more than $350m at a post-money $1.2 billion valuation, was led by funds managed by Blackstone Growth with participation from existing investors, which are Accel, TCV Partners, Khosla Ventures, IA Ventures, AME Cloud Ventures, DAG Ventures, Wipro Ventures, Atlantic Bridge, and The Ireland Strategic Investment Fund. The company intends to use the funds to accelerate growth through platform innovation and expansion into new markets and geogra...

Drone delivery player Manna raises $25m as it eyes expansion Bobby Healy. Image: Manna The start-up has been delivering food and other goods in a controlled operation in Co Galway but is now looking to expand nationally. Manna, the Irish drone delivery start-up, has secured $25m in a new round of funding as it prepares to expand beyond its testing phases. The Series A round has been led by Draper Esprit with participation from DST Global and Team Europe, the fund headed up by Delivery Hero co-founder Lukasz Gadowski. Previous investors Dynamo Ventures, Atlantic Bridge and Elkstone backed the ...

Share: In March, residents in Oranmore, Galway, Ireland, started buying the latest Samsung devices, including the Galaxy S21 Ultra phone. For some, the enthusiasm of a new phone was only part of the joy; the delivery of that phone added a new layer of excitement to the purchase. The devices were delivered by drone. Working in conjunction with drone-as-a-service company Manna, Samsung is testing drone delivery in the Irish countryside. But phones are not the only thing residents of Oranmore are ordering. Dublin, Ireland-based Manna has been working with other brands such as food delivery firm ...

Drone delivery start-up Manna raises $25m ahead of major expansion Irish company founded by Bobby Healy looking to be in multiple markets by 2023 Thu, Apr 29, 2021, 04:00   Irish drone delivery company Manna has secured a $25 million (€20.7 million) investment as it looks to scale the business to operate in multiple markets by 2023. Founded in 2018 by entrepreneur Bobby Healy, Manna has developed aviation-grade drones that fly at 80km/h and deliver goods including groceries, takeaways and medicines, within a three-kilometre radius in less than three minutes. The company has been doing abo...