When he was working on logistics at Amazon in 2024, Zagaynov and his Poseidon co-founder Parker Tenney (who was at Lockheed Martin) found themselves repeatedly talking about the rise of advanced air mobility startups. They realized, Zagaynov told TechCrunch in an exclusive interview, that the focus was almost always on introducing flashy new technologies. 'Philosophically, we want to build the future of aerologistics,' Zagaynov said. 'Not to be a hater, but I think a lot of people who start aerospace companies get nerd-sniped by very cool technology and then want to implement it into market. For us, we want to improve cargo.' Poseidon Aerospace secured $11 million in seed funding last year in pursuit of this goal. Now, the company has closed a $60 million Series A ahead of the first test flight of its uncrewed cargo plane, Egret, expected by the end of this year. The funding round was led by early-stage VC firm TQ Ventures, and saw new investments from Hanwha Asset Management, G...
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