Flytrex, which is conducting a drone delivery pilot in North Carolina with Walmart (NYSE: WMT), has secured $9.3 million in additional funding to expand its operations and finalize Federal Aviation Administration (FAA) certification for drone deliveries.
Total funding for the company is now $20.3 million after it received $3 million in a Series A on Jan. 3, 2017, and an additional $8 million in a Series B on Jan. 8, 2019, according to Crunchbase. The latest round includes $8 million led by...
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