23 June 2020, Melbourne, Australia: Swoop Aero, the aeromedical logistics company, has closed a Series A funding round with returning investors Right Click Capital and Tempus Partners, following a year of continued global growth momentum.
The homegrown startup will use the latest capital injection to scale their impact from millions to tens of millions as they scale to their goal of servicing 100 million people with better access to healthcare by 2025. Swoop Aero will establish a presence in Australia and New Zealand, as well as expand its service offering across the medical logistics space. The funding will also serve to certify its aviation systems for operations over urban areas which will help the business come closer to their goal.
Since its launch in 2017, Swoop Aero has established operations in five countries through partnerships with global health leaders including UNICEF, UKAid and DFID, impacting over two million people, and most recently became the first company in the world to remotely pilot commercially used drones from another country, when delivering PPE and critical supplies in Malawi during the COVID-19 pandemic, whilst piloting the aircraft from Australia. Since the onset of the pandemic, in Malawi alone, Swoop Aero has tripled its fleet following a rapid increase in network utilisation due to a 300 percent increase of samples carried between March and April.
Images and quotes courtesy SwoopAero