The EIC Scaling Club touched base with Svilen Rangelov, co-founder and chief executive officer of Bulgarian deep tech company Dronamics, which is building the world's first cargo drone airline.
In 2022, Dronamics was awarded a €2.5 million grant by the European Commission under the EIC Accelerator program, and secured a license to operate in Europe.
The deep tech scale-up went on to raise $40 million in pre-Series A funding in early 2023, and got to celebrate its maiden flight later that year.
The company claims its Black Swan cargo drone can enable same-day delivery to the most remote areas, up to 80% faster, 50% cheaper, and with 60% less emissions than other transportation methods.
Enjoy the interview - more coming soon!
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About the EIC Scaling Club
The EIC Scaling Club is a curated community where 100 European deep tech scale-ups with the potential to build world-class businesses and solve major global challenges come together with investors, corporate innovators and other industry stakeholders to spur growth.
The top 100 European deep tech companies will be carefully selected from a pool of high-growth scale-ups that have benefitted from EIC financial schemes, other European and national innovation programmes, and beyond.
The EIC Scaling Club is an EIC-funded initiative run in partnership by Tech Tour, Bpifrance (EuroQuity), Hello Tomorrow, Tech.eu (Webrazzi), EurA and IESE Business School.