Swoop Aero

AerospaceSeries BPort Melbourne, Australiaswoop.aero

Latest round

Series B

Last raised

Oct 2022

Total raised

$26M

Investors

10

About Swoop Aero

Swoop Aero, founded in 2017 and headquartered in Port Melbourne, Australia, operates in the drone logistics space, providing efficient transport solutions. The firm's founders include Andrew Thomas, Eric Peck, and Joshua Tepper, with Eric Peck currently serving as CEO.Swoop Aero specializes in advanced drone transport solutions designed to facilitate seamless access to the skies, particularly in rugged and remote environments. The company's flagship product, the Axiom Kite™, operates efficiently in challenging conditions, enabling clients to transport goods and services across difficult terrains. Targeted at industries such as logistics, healthcare, and emergency response, Swoop Aero addresses logistical challenges faced by businesses and communities in hard-to-reach areas.Swoop Aero's revenue model is based on business-to-business partnerships and direct service agreements with various sectors, including logistics and emergency services. These partnerships involve subscription-based services where clients pay for access to the Axiom Kite™ technology, ensuring continuous support and maintenance. The firm's clients utilize Swoop Aero's expertise to optimize their supply chains and enhance delivery efficiencies.In March 2025, Swoop Aero was acquired by Kite Aero, which will support customer demand and build a stronger foundation for growth in drone logistics. The acquisition aims to enhance Swoop Aero's capabilities and expand its operations into new markets, although specific regions have not been detailed.

Who invested in Swoop Aero

10 investors across 5 rounds

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Funding rounds

  1. Series B

    Oct 31, 2022

    Amount

    $10M

    Investors

    Locked

  2. Series B

    Mar 18, 2022

    Amount

    $12M

    Investors

    Locked

  3. Series A

    Mar 31, 2020

    Amount

    $2.8M

    Investors

    Locked

  4. Seed

    May 13, 2019

    Amount

    $1.2M

    Investors

    Locked

  5. Seed

    Jun 1, 2018

    Amount

    $0.3M

    Investors

    Locked

Questions about Swoop Aero

Who invested in Swoop Aero?

Swoop Aero has 10 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Swoop Aero raised?

Swoop Aero has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Swoop Aero last raise money?

Swoop Aero's most recent round on record is a Series B, in Oct 2022.

What does Swoop Aero do?

Swoop Aero, founded in 2017 and headquartered in Port Melbourne, Australia, operates in the drone logistics space, providing efficient transport solutions.

Where is Swoop Aero headquartered?

Swoop Aero is headquartered in Port Melbourne, Australia.

Which VCs invest in companies like Swoop Aero?

Among active investors with capital left to deploy, Blackbird, AirTree Ventures, Square Peg and Movac back aerospace companies at Swoop Aero's stage. Their profiles are linked below.

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