The dream is over for drone delivery startup Swoop Aero, with creditors voting on Tuesday to place the venture capital-backed business in liquidation. Swoop raised more than $26 million in VC funding, with CSIRO-backed Main Sequence, impact fund Giant Leap, US investor In-Q-Tel, the defence tech investment arm of the CIA, Artesian, Folklore Ventures, Right Click… Read more »
Drone delivery venture Swoop Aero, which raised more than $26 million in VC funding, has been placed in administration as cofounder Eric Peck claimed pressure from investors placed the business in that position. BPS Reconstruction and Recovery’s Simon Nelson was appointed administrator of Swoop Aero Pty Ltd and Kookaburra Aerospace Pty Ltd on October 14.… Read more »
Drone delivery venture Swoop Aero has raised $16 million in a Series B as it looks to expand into new markets. The round was led by the CSIRO’s VC fund Main Sequence, with support from Melbourne impact fund Giant Leap and US investor In-Q-Tel, the defence tech investment arm of the CIA. Artesian and Folklore… Read more »
Drone delivery startup Swoop Aero has turned its attention from remote access to urban areas with its new aircraft, Kite. The Melbourne tech company has established its reputation getting medical supplies to remote areas in Africa countries such as Congo and Malawi, including transporting COVID tests and vaccines, using the ‘Kookaburra’ drones, which have clocked… Read more »
Medicine delivery service Swoop Aero has come home after proving the success of its idea in Africa and Pacific to begin delivering medicine by drone in outback Queensland Former air force pilot Eric Peck and mechatronics engineer Josh Tepper founded the Melbourne-based startup in 2017 to deliver on-demand healthcare by autonomous air vehicles in challenging… Read more »
Melbourne-based drone startup Swoop Aero, which is working with aid agencies and the UN to deliver urgent medical supplies to remote areas, has received a multi-million-dollar investment from VC firms Tempus Partners and Right Click Capital. Tempus partner Alister Coleman and Right Click’s Garry Visontay, will join the company’s board as part of the deal.… Read more »
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