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SkyTrade, a Platform that Monetizes and Trades Airspace, raised a Pre-Seed funding round led by Modular Capital, Portal Ventures


Platform that Monetizes and Trades Airspace

July 16, 2024


SkyTrade announces Pre-Seed funding round led by Modular Capital, Portal Ventures with participation from Scott Moore, Santiago Roel Santos, Jason Yanowitz, Jeff Feng, Solana Foundation, Mercatus Center, Helen Chen (Nomad Homes), Adam Gries, and others


Project

Latest Raise Date

Stage

Lead Investor

Category

SkyTrade

July 16, 2024

Pre-Seed Round

Modular Capital, Portal Ventures

Trading

Skytrade is constructing the world's premier Air Rights Marketplace. This platform empowers property owners, real estate firms, and traders to capitalize on and seamlessly purchase & sell air rights.


In addition, they are paving the way for drones by enabling consumers to lease their private air rights. This initiative is set to revolutionize the use of airspace.


About Skytrade

SkyTrade is a platform that is transforming the way airspace is utilized. It’s the world’s first marketplace dedicated to the monetization and trading of airspace. This platform allows property owners, real estate firms, and traders to capitalize on their airspace, which is the legal right to use and control the space above buildings and land.


SkyTrade is not just about trading airspace; it’s also about facilitating urban development. Air rights, which are crucial for urban development, can be actively traded, transferred, and leveraged through SkyTrade. This facilitates vertical construction, preserves unobstructed views, and supports low-altitude drone operations. Investors can buy, sell, or rent air rights, enhancing their investment portfolios and ensuring unimpeded drone corridors.


 

About Investor

This Pre-Seed funding round led by Modular Capital, Portal Ventures with participation from Scott Moore, Santiago Roel Santos, Jason Yanowitz, Jeff Feng, Solana Foundation, Mercatus Center, Helen Chen (Nomad Homes), Adam Gries, and others


Website/s:

 




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