Swoop Aero 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 home grown 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.
 Ethiopian Airlines has been flying cargo-only passenger aircraft and freighters around the world carrying essentials supplies amid Covid-19.
The suspension of passenger airlines has resulted in the loss of 80 percent of the company’s revenue.
