Volansi, Inc. , the leader in vertical take-off and landing (VTOL) middle-mile drone delivery services, today announced that it has closed $50 million in a Series B round of funding. Led by Icon Ventures, other participants in this financing include existing investors Lightspeed Venture Partners and YCombinator as well as new investors Harpoon Ventures and Merck Global Health Innovation Fund. In addition to the company’s funding, Volansi also announced Joe Horowitz, managing partner of Icon, and Barry Eggers, founding partner of Lightspeed, will join its Board of Directors Volansi provides automated point-to-point drone delivery services for time-critical parts and urgent medical supplies for enterprise customers and the U.S. Department of Defense. This new funding will allow Volansi to build on current momentum by expanding its team, launching new projects and scaling current initiatives in both emerging markets and in the US. ***************** If you would like to support Drone & Sundry for free and browse the internet without being tracked by ads and data trackers, download and use Brave browser: https://brave.com/dro980 ***************** SUBSCRIBE TO OUR WEEKLY NEWS ROUNDUP EMAIL http://eepurl.com/dxkHcv Stay informed on the Business of Drones Don't miss out on any of our latest videos, subscribe to our channel https://goo.gl/PMFYQb Other places you can find us: https://www.instagram.com/droneandsundry/ https://www.suasnews.com https://www.facebook.com/suasnews https://www.twitter.com/suasnews ... https://www.youtube.com/watch?v=RVKuzkj-2Pw

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