Dronetech Startup Airbound Raises $37 Million in Series A Round

25 Aug 2026, 12:24 pm · 18d ago · 1 min read · Inc42

Amount

$37M

Stage

Series A

Lead

Greenoaks

Bengaluru-based drone technology startup Airbound has raised $37 million in a Series A funding round led by US-based venture firm Greenoaks. The round also saw participation from food delivery major DoorDash, Lightspeed, Humba Ventures, and Physical Intelligence co-founder Lachy Groom. Founded in 2023 by Naman Pushp, Airbound manufactures autonomous cargo drones using a blended-wing-body tail-sitter design that enables vertical takeoff and horizontal flight. The company will deploy the fresh capital to accelerate engineering, expand commercial-scale manufacturing, and support go-to-market initiatives, bringing its total institutional funding to approximately $50 million since launch.