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Founded Year

2016

Stage

Grant - II | Alive

Total Raised

$1.62M

Last Raised

$1.4M | 3 yrs ago

About Avy

Avy is a company that focuses on the development of innovative self-flying aircraft, operating within the drone technology and aviation sectors. The company's main offerings include drones designed for various applications such as healthcare logistics, emergency response, and last-mile medical delivery, providing fast, affordable, and reliable solutions. Avy primarily serves sectors such as healthcare and emergency services. It was founded in 2016 and is based in Amsterdam, Netherlands.

Headquarters Location

Donauweg 21

Amsterdam, 1043AJ,

Netherlands

+31 (0) 85 208 2085

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Avy Patents

Avy has filed 1 patent.

The 3 most popular patent topics include:

  • ammunition
  • arizona transition zone mountain ranges
  • engine technology
patents chart

Application Date

Grant Date

Title

Related Topics

Status

7/25/2019

4/6/2021

Explosives, Engine technology, Ammunition, Arizona transition zone mountain ranges, Explosive weapons

Grant

Application Date

7/25/2019

Grant Date

4/6/2021

Title

Related Topics

Explosives, Engine technology, Ammunition, Arizona transition zone mountain ranges, Explosive weapons

Status

Grant

Latest Avy News

Saudi Arabia sovereign fund raises stakes in Alibaba, Lucid Group in Q2

Aug 14, 2023

MicroStockHub/iStock via Getty Images Saudi Arabia's sovereign wealth fund raised its stakes in Chinese e-commerce giant Alibaba (NYSE: BABA ) and electric vehicle (EV) maker Lucid Group (NASDAQ: LCID ) in Q2 2023, while cutting its position in labeling company Avery Dennison ( AVY ). The Public Investment Fund (PIF) disclosed the information in its latest 13F filing for the three months ended June 30, 2023, published on Monday. PIF upped its holding in Alibaba ( BABA ) to about 1.46M American depositary shares from 1.04M in Q1 2023. The Jack Ma co-founded company reported a 14% jump in quarterly revenue last week. The fund's stake in Lucid ( LCID ) stood at 1.37B shares at the end of Q2, compared to 1.11B at the end of Q1. The increased position had already been disclosed back in June, with PIF's overall stake in LCID at 60.49%. The EV maker last Monday reported a quarterly miss, but said it was on track to make more than 10K vehicles this year. PIF also raised its stake in industrial gases provider Air Products ( APD ) to 2.75M shares from 2.70M. The sovereign fund slashed its position in Avery Dennison ( AVY ) to about 655K shares from ~848K. PIF's 13F filing also showed that it no longer held its stake of 3.03M class A shares in Babylon Holdings ( OTC:BBLNF ), after the UK-based digital healthcare company went private in the quarter. The sovereign fund kept its other stakes unchanged. In Q1 2023, PIF had taken a stake in solid-oxide fuel cells maker Bloom Energy ( BE ), while increasing its holdings in videogame publisher Electronic Arts ( EA ) and Singapore-based internet company Sea ( SE ).

Avy Frequently Asked Questions (FAQ)

  • When was Avy founded?

    Avy was founded in 2016.

  • Where is Avy's headquarters?

    Avy's headquarters is located at Donauweg 21, Amsterdam.

  • What is Avy's latest funding round?

    Avy's latest funding round is Grant - II.

  • How much did Avy raise?

    Avy raised a total of $1.62M.

  • Who are the investors of Avy?

    Investors of Avy include EIC Accelerator and Booking.com Booster.

  • Who are Avy's competitors?

    Competitors of Avy include Pyka and 4 more.

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