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DRONAMICS has raised $50.9M across 2 funding rounds.
Key people at DRONAMICS.
DRONAMICS was founded in 2014 by Konstantin Rangelov (Co-Founder & CTO) and Svilen Rangelov (Co-Founder & CEO).
DRONAMICS has raised $50.9M in total across 2 funding rounds.
Based in Sofia, Bulgaria, DRONAMICS develops and operates long-range cargo drones to provide low-cost air shipping logistics by selling route capacity rather than individual aircraft. The company designs and builds its flagship Black Swan drone while establishing a network of drone ports and remote control operations for end-to-end freight solutions. Operating as Europe's first licensed cargo drone airline, the enterprise targets e-commerce, defense, and disaster relief sectors requiring fast and affordable freight transport. DRONAMICS has secured substantial capital to scale its operations, including a €30 million European Union investment, a €10 million direct equity injection, and a €2.5 million grant from the European Innovation Council. The logistics firm is additionally backed by venture capital investors such as Speedinvest, Founders Factory, and Eleven Ventures. DRONAMICS was founded in 2014 by brothers Svilen Rangelov and Konstantin Rangelov.
Key people at DRONAMICS.
DRONAMICS has raised $50.9M across 2 funding rounds. Most recently, it raised $10.9M Other Equity in March 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 19, 2024 | $10.9M Venture Round | European Innovation Council | — | Announced |
| Feb 17, 2023 | $40M Seed Plus | — | Eleven Capital, Founders Factory, Speedinvest, Abdulla Naser AL Jaabari | Announced |
DRONAMICS was founded in 2014 by Konstantin Rangelov (Co-Founder & CTO) and Svilen Rangelov (Co-Founder & CEO).
DRONAMICS has raised $50.9M in total across 2 funding rounds.
DRONAMICS's investors include European Innovation Council, Eleven Capital, Founders Factory, Speedinvest, Abdulla Naser Al Jaabari.
