Levitate Capital

Levitate Capital is a venture capital firm established in 2017 and located in Menlo Park, California. It specializes in next-generation aerial mobility, focusing on investments in advanced air systems, drones, space technology, and related mobility sectors. The firm recognizes the significant transformation in aviation and its implications for transportation and logistics, viewing this evolution as a pivotal change in modern society.

Dario Constantine

Principal

Bastiaan Janmaat

Managing Director

7 past transactions

Whisper Aero

Venture Round in 2021
Whisper Aero is a company focused on developing advanced fan and flight technology aimed at reducing noise levels in aviation. By harnessing air more cleanly and efficiently, Whisper Aero seeks to minimize the impact of higher-frequency broadband noise generated by aircraft. The company's innovations are designed to enhance flight experiences while promoting quieter operations, making air travel more environmentally friendly and less disruptive to communities near airports.

Skydio

Series C in 2020
Skydio, Inc., founded in 2014 and based in Redwood City, California, specializes in the design, assembly, manufacturing, and support of drones. The company is recognized as a leader in autonomous flight, utilizing artificial intelligence and advanced computer vision technology to create intelligent drones capable of real-time obstacle recognition and avoidance. These drones are employed in various applications, including public safety, inspection, and defense, serving a diverse clientele that encompasses consumers, enterprises, and government entities. Skydio sells its products online, enabling users to engage in complex tasks with enhanced safety and simplicity. The company's innovative approach positions it at the forefront of the drone industry, catering to a wide range of sectors and applications.

Skyports

Series A in 2020
Skyports Limited is an urban air mobility infrastructure provider based in London, with additional offices in California and Singapore. Founded in 2017, the company specializes in securing, designing, building, owning, and operating passenger and cargo vertiports. These vertiports facilitate safe and efficient flight operations in urban and suburban areas. Skyports also develops and implements comprehensive drone delivery solutions, which include drones, flight software, and safety equipment, primarily serving the medical, e-commerce, and logistics sectors. The company collaborates with vehicle manufacturers, city authorities, regulators, and real estate partners to establish convenient and strategic landing infrastructure, contributing to resilient networks for drone operations. Skyports aims to expand its presence globally, focusing on site acquisition for new vertiports in key cities such as Singapore and Los Angeles.

Skyports

Series A in 2019
Skyports Limited is an urban air mobility infrastructure provider based in London, with additional offices in California and Singapore. Founded in 2017, the company specializes in securing, designing, building, owning, and operating passenger and cargo vertiports. These vertiports facilitate safe and efficient flight operations in urban and suburban areas. Skyports also develops and implements comprehensive drone delivery solutions, which include drones, flight software, and safety equipment, primarily serving the medical, e-commerce, and logistics sectors. The company collaborates with vehicle manufacturers, city authorities, regulators, and real estate partners to establish convenient and strategic landing infrastructure, contributing to resilient networks for drone operations. Skyports aims to expand its presence globally, focusing on site acquisition for new vertiports in key cities such as Singapore and Los Angeles.

Elroy Air

Seed Round in 2019
Elroy Air, Inc. is an aerospace and logistics company based in San Francisco, California, founded in 2016. The company develops autonomous aircraft systems capable of delivering goods, focusing on logistics, robotics, and air transportation. Its innovative aerial cargo delivery system features rotor-based vertical takeoff and landing (VTOL) capabilities, transitioning to wing-based cruise flight for long-range operations. Elroy Air's delivery drones are designed to transport heavy cargo over long distances, making them suitable for commercial, humanitarian, and military applications. The aircraft can efficiently serve remote areas with challenging infrastructure, providing rapid humanitarian aid and resupply for military operations while minimizing costs and environmental impacts compared to traditional aircraft. This technology enables businesses to enhance their express delivery options, particularly in the middle mile of the logistics chain.

Matternet

Series A in 2018
Matternet is a technology platform for urban aerial delivery. In March 2017, Matternet became the first company in the world to be authorized for urban drone delivery operations in Switzerland. In May 2018, the company was selected to participate in the FAA's Drone Integration Pilot Program for operations in North Carolina and San Diego. In March 2019, Matternet and UPS announced a partnership to implement drone delivery services at US hospitals and launched the first ongoing revenue drone delivery operation in US history at Wakemed in North Carolina. Founded in 2011, Matternet is headquartered in Mountain View, California

Elroy Air

Seed Round in 2017
Elroy Air, Inc. is an aerospace and logistics company based in San Francisco, California, founded in 2016. The company develops autonomous aircraft systems capable of delivering goods, focusing on logistics, robotics, and air transportation. Its innovative aerial cargo delivery system features rotor-based vertical takeoff and landing (VTOL) capabilities, transitioning to wing-based cruise flight for long-range operations. Elroy Air's delivery drones are designed to transport heavy cargo over long distances, making them suitable for commercial, humanitarian, and military applications. The aircraft can efficiently serve remote areas with challenging infrastructure, providing rapid humanitarian aid and resupply for military operations while minimizing costs and environmental impacts compared to traditional aircraft. This technology enables businesses to enhance their express delivery options, particularly in the middle mile of the logistics chain.
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