London VC puts money in £18M funding round of Irish drone delivery startup Manna

Manna is an Irish food delivery startup that builds and operates unmanned aerial vehicles (UAVs) that perform high-speed, last-mile deliveries of food, groceries and pharmacy foods or supplies of up to 3 kg. Now, the UK company just raised $25 million (nearly £18 million) Series A funding.

Draper Esprit, a London-based leading venture capital firm that invests in and develops high-growth digital tech businesses, led the investment round in Manna. The other investors in the drone delivery startup include Team Europe, DST Global and existing investors Dynamo Ventures, Atlantic Bridge, and Elkstone.

Manna sees a huge appetite for a greener, quieter, safer, and faster delivery service. As a result, the company will use the investment to expand operations and offer its services to more customers. Already, it is working with partners to deliver grocery products, takeaways, and pharmaceutical supplies.

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