Elroy Air Funding, Investors & Competitors

Zipline is a South San Francisco-based company that designs, manufactures and operates autonomous electric delivery drones together with the distribution centres and docks they fly from. It grew out of Romotive, a consumer robotics start-up founded in 2011 by Keller Rinaudo Cliffton, and was formed in 2014 by Rinaudo, Keenan Wyrobek, William Hetzler and Ryan Oksenhorn to deliver medical supplies by air. Its fixed-wing Platform 1 drones drop blood, vaccines and medicines by parachute to hospitals and clinics in Rwanda, where national service began in October 2016, and in Ghana, Nigeria, Cote d'Ivoire and Kenya, while its Platform 2 system lowers packages to homes in US cities for retailers such as Walmart, health systems and restaurants. By January 2026 Zipline had completed more than two million commercial deliveries and flown over 120 million autonomous miles across seven countries, including Japan. It earns revenue from per-delivery fees and service contracts with governments, health systems and retailers. The company raised an $800 million Series H at a $7.6 billion valuation in 2026, led by Valor Equity Partners, and in August 2026 Uber made a strategic investment as part of a partnership to deliver Uber Eats orders by drone.

Cowarobot engineers autonomous delivery robots and self-driving solutions for urban mobility from its headquarters in Hangzhou, China. Established in 2016, the firm deploys wheeled robots for last-mile logistics in airports, campuses, and hotels, partnering with Alibaba and Dubai Airports for trials. Its products handle payloads up to 100 kilograms over 50 kilometers per charge, incorporating AI for obstacle avoidance and multi-robot fleet management.

Dexterity is a Redwood City-headquartered robotics company offering autonomous systems for warehouse and logistics operations under a robots-as-a-service model. Its DexR bipedal robot performs truck unloading, palletizing, and sorting using dual arms, 3D vision, and force feedback sensors. Dexterity serves e-commerce giants like Macy's and XPO Logistics, deploying fleets across California fulfillment centers. Founded in 2017, the firm raised Series B funding to expand into grocery and parcel handling.

TuSimple is a San Diego-headquartered developer of Level 4 autonomous driving technology for long-haul trucks, enabling depot-to-depot operations without human drivers for logistics clients. The company deploys self-driving trucks daily across US routes and partners with firms like UPS since its founding in 2015.

Nimble Robotics, founded in 2017 by Simon Kalouche and based in San Francisco, develops AI-powered autonomous fulfillment systems using general-purpose warehouse robots that pick, pack, sort, and handle core fulfillment tasks roughly three times faster than manual labor. Its turnkey, end-to-end fulfillment centers use deep imitation learning to let robots integrate into a customer's existing operations without requiring changes to its warehouse management systems, replacing fragmented automation equipment and software. The robots handle products across categories including apparel, electronics, groceries, and general merchandise.

Gatik is an autonomous trucking company deploying driverless light and medium-duty vehicles for middle-mile logistics in B2B routes. Mountain View-headquartered and founded in 2017, Gatik partners with Walmart and Kroger for produce deliveries in California and Arkansas, utilizing Level 4 autonomy on predefined paths.

Glydways is a California-based mobility company developing personal rapid transit systems with autonomous Glydcars on dedicated guideways. Providing on-demand, direct rides without traffic delays, its network targets campuses, airports, and urban corridors with lower construction and operational costs than traditional rail.

SkyCell is a Zug, Switzerland-based provider of smart temperature-controlled containers for pharmaceutical logistics. The company equips units with real-time monitoring sensors compliant with GDP standards for vaccines and biologics. SkyCell serves Novartis, Pfizer, and Roche with reusable Reefers tracking temperature from -80°C to +25°C. Its Matrix platform prevents excursions through predictive alerts and serves routes across Europe and North America.

Tesla is a vertically integrated battery electric vehicle automaker and developer of real-world artificial intelligence software, which includes autonomous driving and humanoid robots. The company has multiple vehicles in its fleet, which include a midsize sedan and crossover SUV in the entry-level luxury category, a luxury light truck, and a semitruck. Tesla also runs a robotaxi service in four US metropolitan areas. Global deliveries in 2025 were nearly 1.64 million vehicles. Additionally, the company sells batteries for stationary storage for residential and commercial properties, including utilities, solar panels, and solar roofs for energy generation. Tesla also owns a fast-charging network and a US auto insurance business.

Waymo is a Mountain View-headquartered autonomous vehicle technology company that engineers Level 4 self-driving systems. Its sixth-generation hardware suite combines custom lidar, radar, cameras, and radar with AI software trained on billions of miles of real-world data. Waymo One delivers commercial driverless ride-hailing in Phoenix metropolitan area, San Francisco peninsula, and Los Angeles metro via Jaguar I-PACE and Zeekr EVs. Waymo Via conducts freight hauling pilots with partners like UPS and J.B. Hunt in Texas and Arizona.

General Motors Co. emerged from the bankruptcy of General Motors Corp. (old GM) in July 2009. GM has eight brands and operates under three segments: GM North America, GM International, and GM Financial. The United States now has four brands instead of eight under old GM. The company regained its US market share leadership in 2022, after losing it to Toyota due to the chip shortage in 2021. 2025 US share was 17.4%, up 60 basis points from 2024. The Cruise autonomous vehicle arm, which GM now owns outright, previously operated driverless geofenced AV robotaxi services in San Francisco and other cities, but after a 2023 accident, GM decided that it will focus on personal AVs. GM Financial became the company's captive finance arm in 2010 via the purchase of AmeriCredit.

Anduril Industries is a Costa Mesa-based defense technology company developing autonomous systems for national security. Founded in 2017, it produces AI-powered products including Lattice command software, Sentry surveillance towers, Ghost drones, and Roadrunner munitions. The company supplies U.S. Department of Defense branches, Customs and Border Protection, and allies like the UK Ministry of Defence and Australian Border Force.

Kuehne+Nagel is a global transportation and logistics company founded in Switzerland in 1890. Kuehne+Nagel is the second-largest sea freight forwarder globally and will hold a top-three spot in air freight. Sea freight has traditionally accounted for the largest part of the business, contributing 40% of the group's revenue in 2024. The company aims to become a more balanced, fully integrated freight forwarder, continually improving its end-to-end offering to clients.

SAIC Motor Corp Ltd builds and sells passenger cars and commercial vehicles. The company operates its business through two segments: the Vehicle and Parts Segment and the Financial Services Segment. The Vehicle and Parts segment focuses on the manufacturing and sale of automobiles and components. The Financial Services segment is engaged in offering various financial solutions. It generates the majority of its revenue from the Vehicle and Parts Segment.

Applied Intuition is a Mountain View-headquartered developer of simulation software, Vehicle OS, and self-driving toolchains for AI-driven autonomous vehicles. The company accelerates deployment across automotive, defense, trucking, construction, mining, and agriculture sectors. Major global automakers and Department of Defense programs rely on its platforms to validate sensor suites, perception stacks, and planning algorithms. Founded in 2017, Applied Intuition maintains offices in Washington, D.C., San Diego, Ann Arbor, London, Stuttgart, Munich, Stockholm, Bangalore, Seoul, and Tokyo to support international engineering teams.

Lalamove is a logistics platform operating in 21 markets across Asia and Latin America since its 2013 launch in Hong Kong as EasyVan. The service connects customers with driver-partners for deliveries completed in 55 minutes on average, matching in 12 seconds.

Founded in 2015, XPeng is a leading Chinese electric vehicle company that designs, develops, manufactures, and markets EVs in China. Its products primarily target the growing base of technology-savvy middle-class consumers in the midrange to high-end segment in China's passenger vehicle market. The company sold about 430,000 EVs in 2025, accounting for about 3% of China's passenger new energy vehicle market. It is also a leader in autonomous driving technology.

Aurora Innovation is a US autonomous driving provider for heavy trucks. The company produces and sells its Aurora Driver system, which includes hardware installed in a vehicle, software to autonomously drive it, and data management to maintain and improve the software. Aurora targets long-haul routes. The company currently offers its trucking-as-a-service model, where it owns and operates the trucks and makes deliveries for customers. The company plans to start selling its driver-as-a-service model next year, where fleet owners will own the trucks and Aurora's software will operate them.