Backed by Schmidt Futures, Cloudline raises $6M to take aerial autonomy green and mainstream

Backed by Schmidt Futures, Cloudline raises $6M to take aerial autonomy green and mainstream

11 months ago
Anonymous $Pi6HN8Q0B-

https://techcrunch.com/2023/12/21/backed-by-schmidt-futures-cloudline-raises-6m-to-take-aerial-autonomy-green-and-mainstream/

South African aerospace startup Cloudline has secured $6 million in funding as it aims to lead the global frontier of carbon emissions-free autonomous flight.

Schmidt Futures, the philanthropic venture founded by ex-Google CEO Eric Schmidt and Wendy Schmidt, is an investor in the seed round. Other backers include pan-African funds such as the Raba Partnership, Verod-Kepple Africa Ventures, 4Di and other venture firms.