About Pyka
Pyka is a company based in Palo Alto (United States) founded in 2016.. Pyka has raised $88.12 million across 5 funding rounds from investors including Obvious Ventures, Piva Capital and Prelude Ventures. Pyka offers products and services including Pelican 2 and Pelican Cargo. Pyka operates in a competitive market with competitors including Guardian, XAG, General Aeronautics, Croplogic and NileWorks, among others.
- Headquarter Palo Alto, United States
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Sectors
AgricultureAerospace, Defense & Maritime
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Email
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Phone
*********
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Website
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Social
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- Legal Name Pyka Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$88.12 M (USD)
in 5 rounds
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Latest Funding Round
$40 M (USD), Series B
Sep 23, 2024
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Investors
Obvious Ventures
& 9 more
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Employee Count
Employee Count
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Products & Services of Pyka
Pyka offers a comprehensive portfolio of products and services, including Pelican 2 and Pelican Cargo. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Autonomous aircraft for efficient crop protection spraying.
Autonomous electric plane for heavy-payload logistics transport.
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Funding Insights of Pyka
Pyka has successfully raised a total of $88.12M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $40 million completed in September 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series B — $40.0M
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First Round
First Round
(01 Jun 2017)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Series B - Pyka | Valuation | Obvious Ventures | |
| Jun, 2023 | Amount | Series A - Pyka | Valuation | Climate Capital |
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| Apr, 2022 | Amount | Series A - Pyka | Valuation | Piva Capital , Prelude Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Pyka
Pyka has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Obvious Ventures, Piva Capital and Prelude Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Provider of venture capital investments across planetary, human, and economic health
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Founded Year | Domain | Location | |
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Piva Capital is focused on investing in industrial technologies.
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Founded Year | Domain | Location | |
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Climate companies are invested in by this venture capital firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Pyka
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Pyka
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Pyka Comparisons
Competitors of Pyka
Pyka operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Guardian, XAG, General Aeronautics, Croplogic and NileWorks, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Drone-based crop protection solutions are provided for agricultural operations.
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| domain | founded_year | HQ Location |
Smart agricultural machinery and technology are developed and manufactured.
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| domain | founded_year | HQ Location |
Provider of testing and development services
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| domain | founded_year | HQ Location |
Crop yields are forecasted via integrated hardware and software platforms.
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| domain | founded_year | HQ Location |
Autonomous drones for agricultural pesticide spraying are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Pyka
Frequently Asked Questions about Pyka
When was Pyka founded?
Pyka was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Pyka located?
Pyka is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Is Pyka a funded company?
Pyka is a funded company, having raised a total of $88.12M across 5 funding rounds to date. The company's 1st funding round was a Series A of $37M, raised on Jun 01, 2017.
What does Pyka do?
The company was founded in 2016 in Palo Alto, United States, and operates in the aerospace sector focused on agricultural applications. Fixed-wing aerial vehicles are produced for autonomous crop spraying, with features designed to minimize wind-related wastage through intelligent flight paths. Development efforts are directed toward an autonomous single-passenger aircraft capable of carrying a human operator.
Who are the top competitors of Pyka?
Pyka's top competitors include General Aeronautics, XAG and Guardian.
What products or services does Pyka offer?
Pyka offers Pelican 2 and Pelican Cargo.
Who are Pyka's investors?
Pyka has 10 investors. Key investors include Obvious Ventures, Piva Capital, Prelude Ventures, Metaplanet, and Y Combinator.
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