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.

Bastiaan Janmaat

Managing Director

Past deals in Drones

Swoop Aero

Series B in 2022
Swoop Aero, established in 2017 and headquartered in Melbourne, Australia, specializes in drone-powered logistics services. The company aims to revolutionize air transportation networks by integrating drone logistics into the first and last mile of supply chains, enhancing their strength and agility. Swoop Aero offers two-way deliveries across diverse destinations, organizations, and providers, utilizing autonomous drones to transport essential supplies, even to locations otherwise inaccessible. Their services cater to various industries, including health, transport, disaster management, and search and rescue, with a mission to make access to the skies seamless for 1 billion people by 2030.

Whisper Aero

Venture Round in 2021
Whisper Aero is a company that designs and manufactures advanced electric propulsion systems aimed at creating ultra-quiet and efficient solutions for various applications in aviation, defense, and commercial sectors. The company focuses on developing technology that converts electricity into thrust, emphasizing the reduction of noise and energy consumption. Whisper Aero's propulsion systems are adaptable and scalable, making them suitable for a range of vehicle sizes and speeds, from aircraft and drones to ground equipment. By harnessing air power more cleanly and quietly, Whisper Aero's innovations aim to minimize noise pollution and promote environmentally friendly energy use in the aviation industry.

Skydio

Series C in 2020
Skydio designs, manufactures, and supports AI-powered drones for consumers, enterprises, and government customers. Its drones use computer vision technology to recognize, avoid objects in real-time, and predict future movements, enabling autonomous flight and obstacle avoidance.

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 vertiports for passenger and cargo transport. Skyports also develops and implements comprehensive drone delivery solutions, addressing challenges in traditional transportation methods. The company serves various sectors, including medical, e-commerce, and logistics, by creating efficient flight operations within urban and suburban environments. By collaborating with vehicle manufacturers, city authorities, regulators, and real estate partners, Skyports aims to establish resilient infrastructure networks that facilitate safe and efficient operations for both passenger and cargo drones in cities worldwide, including 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 vertiports for passenger and cargo transport. Skyports also develops and implements comprehensive drone delivery solutions, addressing challenges in traditional transportation methods. The company serves various sectors, including medical, e-commerce, and logistics, by creating efficient flight operations within urban and suburban environments. By collaborating with vehicle manufacturers, city authorities, regulators, and real estate partners, Skyports aims to establish resilient infrastructure networks that facilitate safe and efficient operations for both passenger and cargo drones in cities worldwide, including Singapore and Los Angeles.

Elroy Air

Seed Round in 2019
Founded in 2016, Elroy Air is a San Francisco-based aerospace company specializing in autonomous cargo delivery. It operates an aerial system featuring rotor-based vertical takeoff and landing, transitioning to wing-based cruise flight for long-range deliveries. The company serves commercial, humanitarian aid, and military applications.

Matternet

Series A in 2018
Matternet specializes in developing commercial drone delivery systems for urban and suburban areas. It manufactures the Matternet M2 drone and operates its technology directly or partners with logistics companies like UPS. Notable achievements include being the first to receive authorization for BVLOS operations in Switzerland (2017) and achieving FAA certification for its drone system in the US (2022).

Elroy Air

Seed Round in 2017
Founded in 2016, Elroy Air is a San Francisco-based aerospace company specializing in autonomous cargo delivery. It operates an aerial system featuring rotor-based vertical takeoff and landing, transitioning to wing-based cruise flight for long-range deliveries. The company serves commercial, humanitarian aid, and military applications.
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