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Founded Year

2006

Stage

Acquired | Acquired

Total Raised

$17.25M

About Kyte

Kyte offers a cloud-based publishing platform that enables companies to deliver live and on-demand video experiences to websites, mobile devices and connected TVs.

Headquarters Location

San Francisco, California, 94104,

United States

(888) 487-5983

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Kyte Patents

Kyte has filed 1 patent.

The 3 most popular patent topics include:

  • crisis hotlines
  • motherboard form factors
  • sex offender registration
patents chart

Application Date

Grant Date

Title

Related Topics

Status

12/22/2021

11/14/2023

Unmanned aerial vehicle manufacturers, Suicide prevention, Sex offender registration, Crisis hotlines, Motherboard form factors

Grant

Application Date

12/22/2021

Grant Date

11/14/2023

Title

Related Topics

Unmanned aerial vehicle manufacturers, Suicide prevention, Sex offender registration, Crisis hotlines, Motherboard form factors

Status

Grant

Latest Kyte News

Norwegian drone logistics company Aviant launches home delivery service, Kyte, and receives €1M in public funding

Jun 6, 2023

San Francisco Oy Tue, Jun 06, 2023 08:00 CET The MIT-founded company uses drones to provide convenient and innovative home delivery services to people in remote areas. Backed by the venture arm of the Norwegian Postal Service, Bring Ventures, the company can deliver to customers in a radius of over 30 kilometers. TRONDHEIM, Norway (June 6th, 2023) Norwegian drone logistics company Aviant has launched its home delivery service, Kyte , now capable of delivering groceries, takeaway food, and non-prescription medicines to sparsely populated areas and holiday homes in Norway. Additionally, the company has landed an additional €1M of public funding from Innovation Norway to autonomously deliver vital prescription medicines directly from pharmacies to people in remote and suburban areas, where mobility can be challenging due to long distances and factors like bad roads or severe weather. Founded by Lars Erik Fagernæs, Herman Øie Kolden, and Bernhard Paus Græsdal at the Massachusetts Institute of Technology (MIT) in 2020, Aviant has delivered 12 commercial contracts in Norway and Sweden, most notably transporting Covid-19 tests and blood samples between district hospitals and central hospitals during the pandemic. Since then, the company has operated over 2,500 autonomous flights, covering more than 35,000 km. Unlike other solutions on the market, such as Google Wing or Manna Drone Delivery, Aviant’s drones are capable of flying as far as 120 km in a straight line, similar to an airplane. The increased efficiency and speed means Kyte’s delivery range is significantly higher than other airborne door delivery services, being able to deliver within a 30 km radius for return flights, compared to the 2-3 km offered by other providers. Aviant is certified under EU regulations to operate autonomous flights within the union. “Our technology proved critical for rural healthcare services during the pandemic, where winter road closures meant our drones were the only link between Covid-19 test sites and laboratories in Central Norway. Now, with the launch of Kyte and our funding from Innovation Norway, Luminar Ventures, and Bring Ventures, we are able to provide people in remote and hard-to-reach areas with the groceries and medical supplies they need, directly to their doorstep, with no traffic restrictions and minimal climate emissions,” says Lars Erik Fagernæs, founder and CEO at Aviant. Customers can request delivery through the Kyte app, where they can choose from various groceries, ready meals, and light medicines. Once the order is placed, the drones are loaded with the ordered items at Kyte’s home base before they autonomously deliver the package and return to base. So far, Kyte has made deliveries covering a distance of more than 4,000 km, with an average delivery time of 24 minutes. According to Fortune Business Insights, the drone delivery market is set to grow from US$998M in 2020 to US$31bn in 2028, with an annual growth rate of 24,4% . More than 2,000 drone deliveries are made in the world each day, ranging from emergency supplies in remote areas to urban food delivery. Fagernæs continues: “Door-to-door drone delivery has been a hot topic for years already, but most commercial attempts have been limited to small, open areas such as a single park or technology that limits the radius to 2-3 kilometers. Where plenty of companies have received initial funding, getting a commercial last-mile delivery service up and running has proven extremely difficult. That changes with Kyte. We have a large delivery radius, the permits to operate, and no requirements for pilots or spotters along the route. We are actually delivering food, groceries, and medicine by drone to people’s doorsteps in Norway right now.” Aviant raised a seed round of €2.3M in September 2022, in a round led by Bring Ventures, the venture arm of the Norwegian postal service. The company is planning to open a second base in Norway during 2023, which will enable it to serve 20,000 - 30,000 remote holiday homes with door-to-door deliveries. In the longer term, Aviant is planning to bring drone home delivery to most of the Norwegian population, as well as EU markets. “Aviant has the perfect combination of proven, reliable technology, great people, and a market ready for the taking,” says Anett Berger Sørli, Investment Manager at Bring Ventures. “We invested in Lars Erik and the team because we see drone delivery as central to the future of logistics, and being able to launch Kyte within such a short timeframe shows how driven this team is to lead us to that future.” For additional information:

Kyte Frequently Asked Questions (FAQ)

  • When was Kyte founded?

    Kyte was founded in 2006.

  • Where is Kyte's headquarters?

    Kyte's headquarters is located at San Francisco.

  • What is Kyte's latest funding round?

    Kyte's latest funding round is Acquired.

  • How much did Kyte raise?

    Kyte raised a total of $17.25M.

  • Who are the investors of Kyte?

    Investors of Kyte include Piksel, NGP Capital, Threshold Ventures, DOCOMO Capital, Steamboat Ventures and 10 more.

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