Dronamics, the world's first licensed cargo drone airline, opens a €2M Pre-Series A round for private investors on SeedBlink today with a minimum ticket size of €2,500.
Bucharest, July 18th, 2023 – SeedBlink, the financing platform for European technology startups, is currently running its second raise for Dronamics, the world's first licensed cargo drone airline. The round is a year and a half later after the first SeedBlink campaign for Dronamics, and is allowing current and new investors to maintain and expand their stake in the cargo drone developer and operator. The current round targets a €2 million Pre-Series A raise exclusively on SeedBlink, and follows the oversubscribed raise in December of 2021 where more than 200 investors took part via the SeedBlink platform. Dronamics, the first and only cargo drone airline with a license to fly long-range cargo drones in the EU, completed its full-scale first flight successfully in May 2023 and is set to begin commercial operations at the end of this year, several years ahead of competitors.
The initial Dronamics campaign was one of the first international capital raises for the equity funding platform SeedBlink, who have by now facilitated more than 70,000 investors from 88 countries to invest in promising venture-backed startups like Dronamics.
“Dronamics was our first Bulgarian investment opportunity and it is with great pleasure that we welcome them back on the platform to offer our investors the exclusive opportunity to participate in their current round of funding, only a few months ahead of their first priced Series A round, which will bring the commercialisation of the business.” says Angel Hadjiev, Country Manager Bulgaria at SeedBlink.
The minimum ticket size for investors is €2,500 (€1,000 for SeedBlink Club Members), a threshold appealing for private individuals who would like to become shareholders in the company set to change how the world moves goods. The round starts today and will close on July 31st, 2023.
“With its strong first-mover advantage, innovative technology, manufacturing partnerships, and commitment to sustainability, Dronamics is poised to reshape the freight industry and lead the way towards a more efficient and environmentally friendly future of logistics. It’s an honor to have our seat at the table and give our community of investors the opportunity to support their vision” said Andrei Dudoiu, co-founder of SeedBlink, the investment platform supporting Dronamics since 2021.
Dronamics' mission is to revolutionize the freight industry by offering a game-changing solution for cargo transportation. With a leadership team of aviation, logistics, and tech industry experts, the company has a significant first-mover advantage in the market.
"We are thrilled to be at the forefront of the cargo drone evolution," says Svilen Rangelov, Co-Founder and CEO of Dronamics. "Our goal is to transform the way goods are transported, offering a faster, more efficient, and green solution."
At the core of Dronamics' offerings is the groundbreaking Black Swan drone. Designed to provide same-day deliveries, this advanced remotely-piloted aircraft seamlessly integrates into existing supply chains, ensuring reliable and efficient transportation of cargo. Leveraging existing, certified technology from tier-one aerospace partners, as well as a first-of-its kind design developed by Dronamics' world-class engineering team, the Black Swan drone represents a technological leap forward in the industry.
“With a range of up to 2,500 km and up to 350 kg cargo capacity, the Black Swan offers not only enhanced operational capabilities but also substantial environmental benefits. When compared to conventional cargo transport methods, the Black Swan stands out by reducing emissions by up to 60%, saving time by up to 80%, and cutting costs by up to 50%,” adds Mr. Rangelov.
As Dronamics continues to innovate, it provides an all-in-one solution to its customers, by selling capacity on its routes, not aircraft. Alongside the Black Swan, the company is establishing a network of droneports and fully remote control and cargo handling operations, ensuring end-to-end operational efficiency. This comprehensive approach streamlines the entire logistics process, providing a seamless end-to-end experience for clients.
SeedBlink is an equity management and tech-specialized venture investment platform that enables European startups and its stakeholders in accessing, managing and trading equity alongside established institutional investors.
SeedBlink Crowd SA is registered in the Register of the Romanian Financial Supervisory Authority (ASF), under number PJR28FSFPR/400001 as of 03.11.2022 with an EU passport as per European Securities and Market Authority (ESMA) register of crowdfunding services providers. Contact at email: firstname.lastname@example.org.
Dronamics is the world’s first cargo drone airline. Аs a leading developer and operator of large, long-range drones built specifically for cargo, its flagship Black Swan can carry 350 kg (770 lb) at up to 2,500 km (1,550 mi) up to 80% faster, 50% cheaper and with up to 60% lower emissions than alternative modes of transport, including airfreight. This proven technology enables same-day shipping over very long distances for a variety of industries: from pharma to food, from e-commerce to spare parts. The company’s fast-growing team includes experienced aerospace, logistics and technology experts. Dronamics is Europe’s first licensed cargo drone airline and IATA’s first Strategic Partner for drones worldwide.
Dronamics has raised a total of $40 million in pre-Series A funding from early-stage funds and angel investors from 12 countries and is co-funded by the European Union under the prestigious European Innovation Council, Europe’s flagship innovation program.
PublishedJuly 18, 2023
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