Meet 9 Gen Z VCs Raising Millions for Their Own Venture Funds
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Parachuting Packages in Rural Alaska
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Dash Systems, a Los Angeles, CA-based technology company developing hardware and software to enable precision airdrop deliveries, raised $8m in Seed funding.
The round was led by 8VC with participation from Tusk Venture Partners, Loup Ventures, Trust Ventures, Perot Jain, and MiLA Capital.
The company will use the funding to:
Develop and refine aerial delivery technology
Partner and expand into commercial uses for rural locations
Train aviation partners to safely and precisely launch cargo to all parts of the world
Expand partnerships with U.S. government entities to deliver cargo to rural parts of the world.
Led by Joel Ifill, CEO and Founder, Dash Systems is developing technology and hardware that allow for precision airdrop deliveries to rural, remote and difficult to reach locations without the need for landing. Instead of having to land at an airport and drive cargo to its destination, the company allows retailers, package delivery companies, and emergency managemen