Funding Tracker                 


Cloudline

Image

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): $10.3M
# of Founders: 2
Founding Year: 2017
Funding Year: 2023
Status: Active
YearAmountStageInvestors
2021$0.2mVenture RoundLaunch Africa, Timon Capital
2023$4.1mPre-SeedThe Raba Partnership Partnership, 4Di Capital, Enza Capital, Timon Capital, Schmidt Futures
2023$6mVenture RoundSchmidt Futures, Raba Partnership, Verod-Kepple Africa Ventures (VKAV), 4Di Capital, Angel Investors
Spencer Horne, Hakina Madey, ,
Venture Round $0.2m

Launch Africa, Timon Capital



Pre-Seed $4.1m

The Raba Partnership Partnership, 4Di Capital, Enza Capital, Timon Capital, Schmidt Futures



Venture Round $6m

Schmidt Futures, Raba Partnership, Verod-Kepple Africa Ventures (VKAV), 4Di Capital, Angel Investors





News
https://techcrunch.com/2023/12/21/backed-by-schmidt-futures-cloudline-raises-6m-to-take-aerial-autonomy-green-and-mainstream/