Airbound raises $37 million for autonomous-drone development

Airbound, a Bengaluru startup building autonomous drones, raised a $37 million Series A led by Greenoaks, according to the supplied TechCrunch summary. The financing follows an $8.65 million seed less than a year earlier and brings the company's total funding to about $50 million. The summary says Airbound is pursuing the movement of goods with autonomous drones.