Manna Air Delivery, a Dublin-based drone delivery service, has secured a $30 million funding round, increasing its total equity funding to over $60 million. This capital will support the company's ambitious expansion plans across Europe, where it currently serves 150,000 residents and aims to achieve one million deliveries annually. In a separate development, the High Court in Ireland has confirmed the settlement of a multi-million euro legal dispute among the three principal shareholders of Web Summit, concluding a long-standing conflict marked by allegations of blackmail and betrayal. Paddy Cosgrave, one of the founders, expressed satisfaction with the resolution, emphasizing that the agreement protects the interests of Web Summit and its principles.
A US lawsuit Paddy Cosgrave took against two of his former Web Summit colleagues was resolved by the Irish settlement reached this week, the Business Post understands https://t.co/FWbgIlb0Cb
Google, Amazon, and Zipline. Very interesting piece. The Drone-Delivery Service Beating Amazon to Your Front Door https://t.co/zEqaPOiG7F
Bengaluru Gets 7-Minute 'Drone Deliveries' https://t.co/xqyF2i380H https://t.co/rfLZLXV9rQ