IONA develops zero-emission autonomous drone solutions for sustainable and efficient logistics in low population density areas
Business Model:
Revenue: $0
Employees: 1-10
Address:
City: Birmingham
State: Birmingham
Zip:
Country: United Kingdom
While the new economy relies more heavily on logistics, the model doesn’t work in rural areas. For instance, 1 million people in Scotland experience delivery surcharges - that accounted for £45M last year - or can’t access delivery at all: it’s 1/5 of the population! And the problem is global because traditional logistics require volume and population density. IONA is a new kind of local logistics provider that mainly benefits rural areas. We are swapping inefficient delivery vans for highly efficient autonomous drones, levelling up the playing field between local players while cutting costs and CO2 emissions for everybody.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 12/2022 | Angel Round | 1 | - |
Enterprise 100 Enterprise 100 |
1/2023 | Grant | 1 | - |
European regional development fund (ERDF) European regional development fund (ERDF) |
1/2023 | Grant | 1 | - |
European regional development fund (ERDF) European regional development fund (ERDF) |
12/2022 | Angel Round | 1 | - |
Enterprise 100 Enterprise 100 |
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