New Investment: Redwing Labs

Beyond Capital Fund is pleased to announce our investment into Redwing Labs.

Redwing Labs is a healthcare drone logistics company that aims to optimize the delivery of time-critical medical supplies in hard-to-reach regions and crisis situations. Redwing Labs raised a $1 million seed investment round led by ITI Growth Opportunities Fund, along with participation from Asymmetry Ventures, Cloud Capital, LetsVenture and current and former executives from the Bill & Melinda Gates Foundation, Microsoft and Google.

Redwing Labs is building a virtual cold chain for healthcare logistics by using an on-demand drone network. This end-to-end technology stack delivers various emergency and routine healthcare products, reducing the need for refrigerators at hospitals and decreasing wastage in the supply chain by delivering cold-chain products like blood, vaccines, anti-venoms, and cardiac medicines.

Read the full press release here.