Indian drone-delivery startup Airbound raises $37 million
Airbound has raised $37 million to develop ultra-light delivery drones, with backing from Greenoaks, DoorDash and investor Lachy Groom.
In short
- Airbound has raised $37 million to develop ultra-light delivery drones, with backing from Greenoaks, DoorDash and investor Lachy Groom.
Indian drone-delivery startup Airbound has raised $37 million as it develops ultra-light aircraft intended to compete with road-based delivery, TechCrunch reported on August 25, 2026.
The funding attracted backing from Greenoaks, delivery company DoorDash and Silicon Valley investor Lachy Groom. Airbound is pursuing a lightweight design as it seeks to make drone delivery more practical and economical.
The investment reflects continuing interest in automated logistics, where companies are testing whether small aircraft can shorten delivery times and reduce reliance on trucks for selected routes.
The source report did not provide a deployment timetable or identify specific commercial routes in the material available to AddisMizan.
