Robotics usually have seen a boost in interest throughout the pandemic, so it makes best sense that financiers are taking a closer take a look at self-governing drone delivery. That’s excellent news for Volansi, which simply revealed a $50 million Series B.

The round, led by Icon Ventures, brings the Bay Area-based start-up’s overall funding approximately around $75 million. Included are existing investors Lightspeed Endeavor Partners and Y Combinator, as well as brand-new names, Harpoon Ventures and Merck Global Health Development Fund.

Volansi (nee Volans-i) has actually been demonstrating its drones’ long-range capabilities for a long time now. We discussed them back in 2017, when they flaunted a 100-mile flight– an outstanding accomplishment, offered the limitations of most conventional drones. Nowadays the business’s primary drones are the Voly C10, which can move 10 pounds approximately 50 miles and the M20, which the business claims has a 350-mile variety, hitting speeds of up to 75 MPH.

Image Credits: Volansi A crucial application here is the shipment of medical products. The drones are capable of traversing surface that may be challenging or impossible to take a trip through more standard ground techniques. Current customers consist of both enterprise and government departments. This brand-new round of funding will approach increasing headcount, advancing and releasing brand-new projects existing initiatives in the U.S. and emerging markets.

Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.