Drone Startup Airbound Secures $30M Funding Led by Greenoaks

• Drone startup Airbound is set to raise $30 million in fresh funding, led by Greenoaks with participation from Lightspeed.
• This new round follows Airbound's $8.65 million seed funding raised just two months prior.
• Founded in 2023, Airbound builds autonomous logistics aircraft using a blended-wing-body, tail-sitter design for efficient delivery.
• The company currently focuses on healthcare logistics but plans to expand to other sectors and integrate with platforms like ONDC.
• The investment highlights a growing investor interest in deeptech startups in India, supported by initiatives like Lightspeed's India Ascends and government R&D funds.

Why It Matters: India's deeptech sector is booming with major investments in drone technology.