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    PartsTech, a Boston-based car component startup, bags $35 million

    PartsTech, a Boston-based car component startup, bags $35 million

    Gradiant raises $225 million in Series D, enters the unicorn club

    Gradiant raises $225 million in Series D, enters the unicorn club

    Ohmium, a green hydrogen startup closes $250 million Series C

    Ohmium, a green hydrogen startup closes $250 million Series C

    Vedanta Biosciences, a clinical-stage company, secured $106.5 million

    Vedanta Biosciences, a clinical-stage company, secured $106.5 million

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      PartsTech, a Boston-based car component startup, bags $35 million

      PartsTech, a Boston-based car component startup, bags $35 million

      Gradiant raises $225 million in Series D, enters the unicorn club

      Gradiant raises $225 million in Series D, enters the unicorn club

      Ohmium, a green hydrogen startup closes $250 million Series C

      Ohmium, a green hydrogen startup closes $250 million Series C

      Vedanta Biosciences, a clinical-stage company, secured $106.5 million

      Vedanta Biosciences, a clinical-stage company, secured $106.5 million

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      Home Transportation / Mobility

      Whisper Aero bags $32 million to muffle drone clatter

      Whisper Aero will use the new funds to expand operations and development efforts.

      USTechTimes Editor by USTechTimes Editor
      April 21, 2023
      Whisper Aero bags $32 million to muffle drone clatter
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      Whisper Aero, a quiet electric propulsion startup, raised $32 million in a Series A funding round. Funding will allow the tech company to advance its quiet electric ducted fan for drones and aircraft for US Defense Department applications.

      With participation from Kindred Ventures, Abstract Ventures, Moving Capital, AeroX Ventures, Cosmos Ventures, Linse Capital, and LaunchTN, the round was headed by Menlo Ventures, EVE Atlas, Capricorn Investment Group, and Connor Capital.

      Technology startup Whisper Aero is developing electric ducted fans that let drones and other aircraft fly faster, more efficiently, and cheaply without disturbing nearby communities.

      To test performance and noise over the envelope, the company began with a 10 lbf demonstrator propeller that was statically tested and flown on a 55 lbm drone.

      Through six DoD contracts and agreements totaling $2.2 million, Whisper has independently examined and validated its findings with help from the US Army, US Special Operations Command, and US Air Force.

      Mark Moore, a former National Aeronautics and Space Administration engineer who later served as an executive in Uber Technologies Inc.’s once-bustling flying vehicle business, started the company in the middle of 2020.

      Whisper Aero takes flight thanks to pandemic-induced attrition

      Moore joined Uber Elevate in 2017 to aid Uber in building a massive fleet of flying cars that could soar above traffic. However, as the virus spread, Uber abandoned its sci-fi goals and sold its Elevate technology to Joby Aviation, a startup sponsored by Toyota, last year.

      He bought a run-down hotel in Crossville, Tennessee, with part of the money he earned from driving for Uber and converted it into Whisper’s remote headquarters and development facility. The startup here began developing a novel thruster design.

      This includes a fresh perspective on how control systems, motors, and propellers all fit into the airframe of a vehicle. As part of a contract with the Air Force, Whisper Aero has been testing its technology on drones.

      To measure the noise signature, engineers brought their prototypes to the tennis and basketball courts at the resort and placed microphones all around them.

      The technique has so far been successful in making the hum of the devices blend in with the environment. Moore wants to move the industry into the electric jet age because it is currently in the propeller age.

      The new funding is proof of the startup’s tireless efforts over the past few years to transform the drone business worldwide.

      Related Posts

      • Drone startup Exyn Technologies bags $35 million from Reliance

        Exyn Technologies, an autonomous drone firm, secured $35 million in its Series B fundraising round…

      • ClimateAi bags $22 million in Series B to fuel expansion into new markets

        ClimateAi, a San Francisco, CA-based enterprise climate resilience platform leveraging machine learning and artificial intelligence…

      • Skydio valuation keeps the American drone dream soaring 

        Skydio, a California-based, leading U.S. drone manufacturer, has raised $171 million in Series D funding…

      Tags: DronefundinginvestmentTech StartupUS startup
      USTechTimes Editor

      USTechTimes Editor

      USTechTimes.com is an independent new media site that focuses on the latest technology and digital news in the United States and around the world. The site focuses on new startup launching, startup funding, and development in the startup space.

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