Startups

Smart delivery network Delivery One is seeking investment with a target of ₺5 million

Smart delivery network Delivery One started seeking investment through fonbulucu with a target of ₺5 million in exchange for 7% of the company shares.

Delivery One, which offers IoT-based logistics solutions, is seeking funding through fonbulucu. Until June 16, the venture aims to receive an investment of ₺5 million in return for 7% of the company shares.

Delivery One is supported by KOSGEB and TUBITAK

Delivery One, which was established in September 2020 to develop hardware and software products for last kilometer delivery, was entitled to receive the TUBITAK 1512 Entrepreneurship Support Program, worth ₺200 thousand in the same year. With this support program, it produced the first prototypes of the Intelligent Delivery Station and the Unmanned Aerial Vehicle and carried out the autonomous delivery test.

After the launch in November 2021, the company started the R&D studies of the Picksy product, and applied to KOSGEB R&D P&D and TUBITAK 1507 Support Programs for the R&D studies of the Unmanned Ground Vehicle and the new version of the Intelligent Delivery Station and the Fixed Wing Vertical Takeoff/Landing Unmanned Aerial Vehicle. In January 2022, the TUBITAK 1507 SME R&D Startup Support Program application worth 600 thousand was approved for the implementation of the Fixed Wing Vertical Take-off Unmanned Aerial Vehicle project to be used in the autonomous delivery process.

In March 2022, it was entitled to receive the KOSGEB R&D P&D program worth ₺400 thousand for the production of the Unmanned Ground Vehicle prototype and the second version of the Intelligent Delivery Station. The approval process for Delivery One’s new grant applications worth ₺4.2 million in total continues.

Aims to be a key player in the smart delivery market

Picksy products developed under the umbrella of Delivery One, which solve the problems in the last kilometer delivery with innovative hardware and software; It is being developed simultaneously in three main scopes: cargo vending machines, smart delivery robots and autonomous delivery robots. Delivery One, which has started the international legal registration processes in order to preserve the unmanned aerial and land vehicles and package transfer ecosystem right, which is not yet similar in the world, will use cargo vending business models to strengthen cash flow in the short term.

The medium and long-term goal of the initiative is to become the key player in the Autonomous Delivery markets, which are expected to reach the level of $85 billion with the Cargo Vending Machine, which is expected to reach a volume of $1.8 billion in 2029.

Source: Egirisim / Prepared by Irem Yildiz

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