By Hannan Parvizian, CEO and Co-Founder of Volansi

We have some big and exciting news to share: Volansi has closed its Series B round of financing, having raised $50 million. The round was led by Icon Ventures and included all our existing investors, including LightSpeed Ventures, Y Combinator, and One Planet, and saw the addition of new investors, including Harpoon Ventures and Graphene Ventures.

Icon Ventures is a Palo Alto and San Francisco-based venture capital firm with over $1 billion under management. They specialize in Series B and C financing of exciting technologies with visionary teams. They understand what makes a company a category winner- shown time and again by their portfolio of successful exits, which includes enviable tech companies such as Aster Data (Teradata), Bill.com (BILL), FireEye (FEYE), 41st Parameter (Experian), Infinera (INFN), MoPub (Twitter), Opcity (News Corp), Palo Alto Networks (PANW), Proofpoint (PFPT) and Teladoc (TDOC).

Building on our Momentum

This is the third equity round for Volansi, bringing our total funding to $75 million (USD).
So, what do we plan to do with it? For starters, we’re going to accelerate the use of drone delivery in the US and global emerging markets.

With the support of our Series A partners, we developed and brought to market first-of-their-kind autonomous drones and launched select customer projects around the world – changing the face of the VTOL UAV market as we know it. The Series B financing allows Volansi to build on this momentum.

This is great news for you. We know you want us to continue pushing the envelope of mobility and robotics. We know you want us to change the face of logistics. And we know you want us to continue launching new projects and scaling current ones, both in emerging markets around the world and especially here in the US.

This funding will help make this happen.

With just over 65 team members in Northern California, Arizona, and Africa, we will continue to grow our team – adding engineers, developers, and operators, and building our support and success teams to reinforce our growing projects across the globe.

I send a heartfelt thank you to our investors and advisors for their continued confidence, to our customers and partners who continue to amaze us with their passion, support, and feedback, and of course to the entire team here at Volansi.

There’s lots to do- and we’re all on board and excited to make it happen.

Now it’s time to get back to work on our mission: changing the way things move from one place to another and accelerating the world’s freedom from the limitations of traditional infrastructure.

 

Click here to read the full announcement of Volansi’s Series B funding

Volansi rebrand invites the world to raise their expectations and get excited about the boundless possibilities of autonomous flight.

2020 marks a new decade and at Volansi, we’re ready to define it. After four years of relentless work on every aspect of our business from building our team, to securing funding, to developing our CONOPS, to designing our aircraft and the assembly line to build them; from talking to prospective customers and doing proof of concept demonstrations across continents, we now see our future.

It is to fly anything, anywhere. To provide the means for our customers to ensure that the things that are vital to their business will arrive whenever they are needed, wherever they are needed.

Every step we take moves us one step closer to freeing the world from the limitations of infrastructure by making airborne solutions available regardless of location or infrastructure. We are building a boundless world by continuously driving autonomous flight technology forward– a future where someday in the not too distant future, we can deliver autonomous solutions that reduce the constraints of time and distance.

Our new mission statement sums up our idea:

Using innovative technology to rise above existing logistics solutions, saving time, money, and lives for our customers.

Every team needs a flag to carry into the future. With this self-assured promise comes a fresh visual identity fit to propel Volansi into the future. The identity looks back to look forward. The new logo pays homage to historical pioneering companies such as Ford Motors by using a simple, striking badge that heroes the Volansi ‘V’ within a bird – a symbol synonymous with America that also implies the crossing of borders and the freedom of the skies.

Welcome to the reimagined Volansi. Welcome to the future of flight.

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