We plan on continuing to scale up our technology, allowing us to increase payload capacities and range with larger aircraft. We start slow, test, and learn from every lesson. Our interchangeable cargo payload modules allow us to transport temperature-sensitive materials, like medicines or vaccines. As a company, we take an iterative, robotics approach to everything we do. Our middle mile, point-to-point delivery service model enables us to transport urgent supplies and parts to reduce operational downtime in the field, while our soft-touch delivery system enables us to drop-off fragile items without the worry of anything breaking. We envision scaling the time-sensitive deliveries we are currently making with our US and global customers, in the construction, oil & gas, mining, and medical industries. We started by asking what type of deliveries Volansi foresees down the road: There were a couple of more detailed things we wanted to ask, and so submitted some questions to Volansi. Hannan Parvizian, CEO and Co-Founder of Volansi A few questions Closing our Series B with such high-quality investors, especially during these challenging times, is further testament to the venture capital community’s confidence in our business and will allow us to keep pushing the envelope of mobility and robotics. The combination of our best in class cargo drones and unique software platform set us apart from others in the industry. With this new round of funding, the company says it is ready for even greater things: Think, for example, of a part required by an offshore oil rig. That larger drone can cruise at 75 miles per hour for up to 350 miles.Īlready, Volansi says it’s providing automated delivery of urgent medical supplies and time-critical parts. Its VOLY M20 can transport 20 pounds or cargo, in addition to 10 pounds of sensor payloads. It has already been put to work in the US, the Caribbean, and Africa. Its workhorse VOLY C10 can carry up to 10 pounds of cargo more than 50 miles. It didn’t take long for their first round to attract Lightspeed Venture Partners and other investors, all of whom see the potential for Volansi’s aircraft. Ten days after meeting Evan and Bobby, we made our seed investment in Snap.Investors really see the value in the Volansi Vertical Take-off and Landing (VTOL) drones. That moment marked the beginning of a journey that led Lightspeed to Stanford University, and two entrepreneurs who had a fresh vision for the future. I needed to tell someone about this - my Partner, Jeremy Liew. It’s one of the most popular apps at school, along with Angry Birds and Instagram.” I had heard of Angry Birds and Instagram … but not Snapchat. My daughter looked up at me and said: “Dad, have you seen this app? It’s called Snapchat. I felt compelled to ask … “What are you all doing?” They were all absorbed in their phones and were laughing. My daughter Natalie and a few of her high school sophomore friends were sitting at the table. With today's successful IPO of Snap, an ebullient Eggers wrote a post that details how he found Snap and how he got this school involved:Īlmost exactly five years ago today, I came home from work and walked into my kitchen. The school got into the seed-funding round of Snapchat, thanks to one of Snapchat's first venture-capital investors, Barry Eggers, a partner at Lightspeed Ventures. One of the winners in Thursday's home-run IPO of Snap Inc., the parent company of Snapchat, is Saint Francis High School in Mountain View, California, the heart of Silicon Valley. (Barry Eggers.Lightspeed Venture Partners)
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