Altos Ventures Leads Airspace Link's $10M Series A
Airspace Link is powering infrastructure for last mile drone delivery
Michael Healander and Danny Bradshaw are on a mission to create the next great American infrastructure.
We first met the duo in the summer of 2019 and were incredibly impressed with their vision: to become the de facto platform and API to power drone flights beyond the line of sight.
Drone delivery is becoming a reality. As The Wall Street Journal and others wrote recently, governments are racing to enable drone flights to deliver packages.
The challenge is that currently, there are no routes in the sky. That is, there are no rules for where drones can and can’t fly.
This is exactly where Airspace Link comes in. The company works with local and state governments to help define permissible local routes for drones.
For example, drones are typically not allowed to fly over schools or jails, so Airspace Link captures what is permitted and what is not through their extensive database.
From there, much like the FAA does for planes, Airspace Link provides an API for drone operators so that they know the optimal routes for every single local drone flight.
It has been incredible to watch Airspace Link execute over the past couple of years and emerge as a clear leader in the space. Today, we are thrilled to share that Airspace Link raised $10M Series A financing led by Altos Ventures.
We enthusiastically participated in the round along with Thales Group, and our friends at Indicator Ventures, Matchstick Ventures, Ludlow, DVP and Techstars.
You can read more about their financing on TechCrunch.
We are thrilled to continue to support Michael and Danny on their journey. This is just an early chapter for them, and we know that the best is yet to come.
Subscribe to our newsletter
Signup to get quarterly updates and important announcements from 2048 Ventures.
Our Investment in FemTherapeutics
FemTherapeutics is personalizing medicine for women using custom gynecological prosthetics.
Our Investment in Adaptis
Adaptis is an AI-powered modeling platform for improving and optimizing the carbon footprint of existing buildings.
Introducing 2048 Biotech Competition
Introducing 2048 Ventures Biotech Competition. The Biotech Competition gives you an incredible opportunity to kickstart your Biotech venture. The winner of the competition will receive $200K on an uncapped SAFE, and the runner up will get $50K.