Flytrex secures $3m in new funding round

Flytrex secures $3m in new funding round

Israel-based delivery drone specialist Flytrex has raised $3m in a new funding round. The funding was led by Armada VC, together with several private angel investors.

Flytrex has a number of projects on the go, including a parcel delivery service with Ukraine’s UkrPoshta.

“We believe drone deliveries to be a $100bn opportunity in the years to come,” said Flytrex founder and CEO Yariv Bash. “This is not another app company with short term exit strategy, but a disruptive company with a long term goal of changing the way consumers behave – complementing the instant online shopping experience all the way to the customer door step.”

Relevant Directory Listings

Listing image


Agile Yard Management with SyncroTESS INFORM’s Agile Yard Management software, SyncroTESS, optimizes the handling of load units in post and parcel centers. Through the synchronized interaction between gate, yard, and logistics center, SyncroTESS enables an efficient, transparent and optimized yard management providing: Reduced gate times […]

Find out more

Other Directory Listings

News Archive


MER Magazine

The Mail & Express Review (MER) Magazine is our quarterly print publication. Packed with original content and thought-provoking features, MER is a must-read for those who want the inside track on the industry.


P&P Poll


What’s been the most interesting trend of 2019?

Thank you for voting
You have already voted on this poll!
Please select an option!

Pin It on Pinterest

Share This