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Industries
Food & Agriculture
Aerospace
Company Size
51-200
Company Stage
Series B
Total Funding
$92.7M
Headquarters
Alameda, California
Founded
2017
Pyka develops autonomous electric airplanes that perform all flight operations without human intervention, making them efficient and cost-effective. These aircraft are primarily used in agriculture for aerial applications like crop spraying, utilizing advanced sensors to ensure precise material application while reducing waste. Pyka's business model includes selling and leasing airplanes, along with providing maintenance services, which creates a steady revenue stream. The goal is to transform the agricultural aviation industry by offering safe and efficient aerial solutions.
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Total Funding
$92.7M
Above
Industry Average
Funded Over
4 Rounds
Industry standards
Competitive salary & equity
Medical, dental, & vision insurance
FSA with employer matching
401k
Paid holidays
Unlimited PTO
Free catered lunch & snacks
Pyka has secured FAA authorization for commercial operation of Pelican 2 in the United States, making this the second time Pyka has gained a groundbreaking commercial approval for its uncrewed aerial system (UAS) products. Pelican 2 is the largest UAS ever approved for commercial use by the FAA, followed only by the original Pelican. This milestone reinforces Pyka's leadership in heavy lift commercial UAS in the U.S. and globally. In addition to its new product line, Pyka has secured a landmark order for 20 aircraft in Brazil, further solidifying its presence in one of the world's largest agricultural markets. This expansion will enable large-scale autonomous aerial application operations in Brazil, boosting efficiency and delivering unprecedented cost savings for the nation's growers
Pyka, a developer of electric and autonomous aircraft, has secured $40 million in a Series B funding round led by Obvious Ventures, with participation from Piva Capital, Prelude Ventures, Metaplanet Holdings, and Y Combinator. This brings Pyka's total funding to $88 million. The new investment will accelerate the development of their aircraft. Pyka's aircraft are primarily used in agriculture for spraying and are also being developed for cargo transport.
In partnership with Sierra Nevada Company, Pyka is introducing RUMRUNNER, a modified version of Pelican Cargo, to U.S. Department of Defense customers for contested logistics operations.
Though it briefly worked on a passenger plane, the company decided after raising some money in 2022 that a cargo variant of the Pelican was more practical in the short term.
Pyka secures $40M Series B to advance commercialization of dual-use autonomous electric aircraft.
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Industries
Food & Agriculture
Aerospace
Company Size
51-200
Company Stage
Series B
Total Funding
$92.7M
Headquarters
Alameda, California
Founded
2017
Find jobs on Simplify and start your career today