Cloudline
Develops and operates solar-powered autonomous airships that are optimised for long-duration and long-distance missions
Location: South Africa
Website: https://www.flycloudline.com/
Sector: Logistics & Transport
Funding Stage: Venture Round, Pre-Seed, Venture Round,
Total Funding ($m): 10.3
# of Founders: 2
Founding Year: 2017
Funding Year: 2023
| Year | Amount | Stage | Investors |
|---|---|---|---|
| 2021 | $0.2m | Venture Round | Launch Africa, Timon Capital |
| 2023 | $4.1m | Pre-Seed | The Raba Partnership Partnership, 4Di Capital, Enza Capital, Timon Capital, Schmidt Futures |
| 2023 | $6m | Venture Round | Schmidt Futures, Raba Partnership, Verod-Kepple Africa Ventures (VKAV), 4Di Capital, Angel Investors |
Venture Round $0.2m
Launch Africa, Timon CapitalPre-Seed $4.1m
The Raba Partnership Partnership, 4Di Capital, Enza Capital, Timon Capital, Schmidt FuturesVenture Round $6m
Schmidt Futures, Raba Partnership, Verod-Kepple Africa Ventures (VKAV), 4Di Capital, Angel InvestorsNews
https://techcrunch.com/2023/12/21/backed-by-schmidt-futures-cloudline-raises-6m-to-take-aerial-autonomy-green-and-mainstream/