Draper Esprit leads $25m Series A in drone delivery company, Manna

Draper Esprit is pleased to announce our latest investment in drone delivery company, Manna.

Draper Esprit led the $25m Series A, also joining the round was Team Europe and DST Global, with participation from existing investors Dynamo Ventures, Atlantic Bridge, and Elkstone.

Bobby Healy, CEO & founder of Manna, commented:

The Covid-19 pandemic forced consumers across the world to re-assess how they source their goods and opened our eyes to the fragility of our supply chains. There is a huge appetite for a greener, quieter, safer and faster delivery service, and we're excited to use this fresh round of funding to expand operations and offer our service to even more customers. We are already working with our partners to deliver grocery products, takeaways and pharmaceutical supplies, and as we continue to scale our fleet of drones we will also begin supporting critical medical deliveries.'

Nicola McClafferty, Partner at Draper Esprit, added:

'We are committed to supporting companies that have the potential to change how we live and Manna is a true example of this. Drones will play a key role in building a long term and sustainable delivery infrastructure for communities around the world and Manna is already making that a reality. We are thrilled and privileged to be supporting Bobby and the Manna team as they create the future of food delivery.'

Posted on 29 Apr 2021