Prominent solo investor Lachy Groom has backed a Bengaluru startup attempting an ambitious feat: keeping an aircraft in the sky for more than a year by harvesting energy from ocean winds.
Alteon, founded by 20-year-old Samay Sanghvi, announced Tuesday that it raised $2.5 million in a pre-seed round led by Groom, with participation from Together Fund, to develop autonomous aircraft inspired by dynamic soaring, a technique albatrosses use to extract energy from the wind. Groom decided he wanted to invest within the first 30 minutes of their first meeting, Sanghvi told TechCrunch.
