Founded by a 20-year-old, Alteon is developing autonomous aircraft that hopes to harvest wind energy to stay aloft for several months.
Airbound’s ultra-lightweight approach to drone delivery has attracted backing from Greenoaks, DoorDash, and Silicon Valley investor Lachy Groom.
The investment comes as Pronto scales to 26,000 daily bookings and the market heads toward a potential $18 billion size.
This round, should it occur, would double the house-help startup’s valuation in a matter of weeks.
The deal would effectively double the company’s $5.6 billion valuation in just four months.