New fundraising will help Manna achieve 'strong growth' over the next two years

Additional €43.6m in funding will allow it to create an additional 400 jobs between its locations in Ireland and the US, the company said
New fundraising will help Manna achieve 'strong growth' over the next two years

Paul Connolly, right, head of hardware engineering, Manna Air Delivery, gives a guided tour of the manufacturing workshop to enterprise minister Peter Burke at the Dublin HQ of Manna Air Delivery on Wednesday. Pictures: Julien Behal

Irish drone delivery firm Manna has secured an additional $50m (€43.6m) in funding, which will help it achieve “strong growth” over the next two years and allow it to create an additional 400 jobs between its locations in Ireland and the US, the company has said.

Investors in this round included ARK Invest, the Ireland Strategic Investment Fund (ISIF), and Schooner Capital, alongside the company’s existing investors which includes Coca-Cola, Molten Ventures and Enterprise Ireland.

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