Drone delivery startup, Volans-i, Inc., has raised $20 Million in Series A funding led by Lightspeed Venture Partners.
Volans-i provides on-demand aerial delivery using high-payload unmanned aerial systems (UAS) provide delivery services for commercial, defense and humanitarian applications including delivery of parts and medical supplies.
The company said in a statement that the raising was supported by a major startup accelerator, Y Combinator.
The company was founded in 2015 by Hannan Parvizian and Wesley Zheng and is headquartered in San Francisco, with a production facility in Concord, CA.
“Volans-i brings a new means of transportation and aerial autonomy to the market,” says Hannan Parvizian, CEO of Volans-i. “We are very proud to have the support of Lightspeed Partners and our other investors as we expand our services and support our customers.”
“Our services via unmanned aerial systems can help save lives in disaster areas”, says Parvizian. “We are pleased to collaborate with Merck and other partners on this innovative new model of disaster-relief delivery.”