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Drones Europe Law Enforcement Public Safety Robotics Security

Elistair, The Pioneer in Tethered UAVs, Announces a €5M Series B Round to Accelerate Its International Expansion

– Elistair, a market leader in tethered drones, has raised €5M from Omnes and Starquest Capital, its historic investor.
– This Series B round follows an initial €2M funding round in 2018.
– Elistair counts national security and defense organizations amongst its customers, offering them two patented product ranges: an automated tethered drone: Orion 2 and tether stations capable of transforming free-flying drones into tethered drones.
– The Orion 2 drone acts as an aerial reconnaissance mast, substantially increasing the field of vision of operating forces and reducing vulnerable entry points.
– They are also used to deploy tactical communication networks, greatly increasing the range and coverage of military radios.

Autonomous Vehicles Drone Management Drones North America Robotics Sensor

Tangram Vision Raises Pre-Seed Funding Round to Enhance Sensors and Help Robots See the World

– Tangram Vision is announcing that it has raised a pre-seed fundraising round and is launching its sensor management SDK.
– Tangram Vision was founded in 2020 by computer vision veterans and Occipital alumni Brandon Minor and Adam Rodnitzky.
– While at Occipital, they helped to engineer and launch the Structure Sensor & SDK 3D sensing platform.
– After having worked with numerous robotics, drone and autonomous vehicle companies on integrating the Structure Sensor into their platforms, Brandon and Adam realized that there was a significant software gap for sensors.
– The company is building out its sensor management platform to enable developers to connect, manage and monitor their sensors in real time.

Artificial Intelligence Cloud Data Services Drones Machine Learning North America Robotics Software

Drone data scanning company Skycatch announces a $25M raise

– Skycatch, a 3D scanning company, raised $25m in funding.
– The round was led by ADB Ventures and Wavemaker.
– The company plans to expand its sales and marketing team.

Aerospace Drones Manufacturing North America Security

Boeing Insitu founders raise cash for Aerovel, which makes drones that take off and land vertically

– Aerovel, a drone company, raised $2.4m funding.
– The round was led by undisclosed investors.
– Aerovel is developing a new drone it calls the Flexrotor, which is designed to take off and land vertically, like a helicopter, then transition into horizontal flight using wings for lift, like an airplane.
– Aerovel says the Flexrotor can stay aloft for up to 32 hours — a record for drones in its class — providing overhead surveillance for military, law enforcement or other civilian uses.

Artificial Intelligence Drone Management Drones North America Robotics Software

U.S. Autonomous Drone Maker Skydio Announces $170 Million In Series D Funding Led by Andreessen Horowitz’s Growth Fund

– Skydio raised $170m in Series D funding led by Andreessen Horowitz’s Growth Fund.
– This brings total funding raised to over $340m with a current valuation of over $1bn.
Andreessen Horowitz, which also led the Series A, is joined in this round by existing investors Linse Capital, Next47, and IVP, along with new investor UP.Partners.
– With the additional capital raised, Skydio will further accelerate product development and global sales expansion to support the rapidly growing demand for its autonomous drone solutions.
– Skydio has been chosen in a myriad of deployments across construction companies, departments of transportation, energy utilities, and police departments.

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