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
DASH Systems Raises $8 Million to Advance Air Cargo Delivery
DASH s technology enables precision airdrop deliveries in remote locations without the need for landing - saving fuel, time and shipping delays
New funding will allow the company to conduct pilot programs with partners and expand into commercial use in target markets
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LOS ANGELES, Dec. 16, 2020 /PRNewswire/
DASH Systems, a Los Angeles-based technology company developing hardware and software to enable precision airdrop deliveries, has announced $8 million in Seed funding. The round was led by 8VC with participation from Tusk Venture Partners, Loup Ventures, Trust Ventures, Perot Jain, and MiLA Capital.
socaltech.com
Los Angeles-based
DASH Systems, a developer of technology that allows for precision airdrop of deliveries from cargo aircraft, has raised $8M in a seed funding round, the company said this morning. The funding was led by 8VC, and also included Tusk Venture Partners, Loup Ventures, Trust Ventures, Perot Jain, and MiLA Capital. The startup which got started at Make in LA and then received funding MiLA Capital, and a few others, before it went through the Techstars Los Angeles program -said the new funding will go to conduct pilot programs with partners and expand into commercial use in its target markets. The company s hardware and software is aimed at very precise, airdrop deliveries in rural, remote, and difficult to reach locations, allowing shipments to be delivered without a plane needing to land. The company s software includes flight management software, automated aircraft cargo handling systems and smart-cargo pods which enable the precision landing of packag
Dash Systems raises $8M for precision-airdrops-as-a-service at distant or disaster-stricken destinations
Now more than ever both the importance and limitations of the global delivery infrastructure are on full display. But while Amazon and others try to speed up last-mile delivery using drones, Dash Systems hopes to expedite the middle mile with military-inspired airdrops putting pallets of parcels down at their penultimate destinations, even in the most inaccessible of locations.
Air-based delivery generally consists of four steps. First, an item is taken from the warehouse to the airport. Second, it goes by well-packed large cargo planes from there to another major hub, say from New York to Los Angeles. Third, a truck or smaller plane takes these to their regional destination, a sorting or distribution facility. Fourth, they go out on the familiar delivery trucks and end up on your doorstep.
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