Elroy Air
Expanding the reach of express logistics via air cargo - safely, efficiently and autonomously.
Expanding the reach of express logistics via air cargo - safely, efficiently and autonomously.
Elroy Air is a US-based startup founded in 2016 with a goal to revolutionize expedited logistics via air cargo. The company's unique air cargo system features rotor-based vertical takeoff and landing (VTOL) and transitions to wing-based cruise flight for long range, offering a promising solution for fast and efficient transportation of goods. With a focus on Logistics, Robotics, Space, and Transportation industries, Elroy Air aims to redefine the future of air cargo delivery. The company recently secured a significant $48.93M in Venture Round investment on 16 January 2024. This substantial investment is indicative of the market's confidence in Elroy Air's innovative approach to air logistics.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Venture Round | $48.93M | - | 16 Jan 2024 | |
| Series A | Unknown | 3 |
|
07 Jun 2022 |
| Series A | $40.00M | 10 |
|
04 Aug 2021 |
| Series A | Unknown | 1 |
|
23 Apr 2020 |
| Venture Round | $6.78M | - | 24 Mar 2020 |
No recent news or press coverage available for Elroy Air.
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