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Airobotics secures $30M funding

Drone start-up Airobotics has secured another US$30 million in funding to expand its services to the global mining sector.
Airobotics secures $30M funding Airobotics secures $30M funding Airobotics secures $30M funding Airobotics secures $30M funding Airobotics secures $30M funding

Airobotics has just opened an office in Scottsdale, Arizona, in addition to offices in Perth and Tel Aviv

Staff reporter

The series D funding takes the Israeli company's total capital raised to $101 million.

Pavilion Capital is leading the round, joining a list of prominent investors, including BlueRun Ventures, Charles River Ventures and OurCrowd, as well as additional private investors.

The new round of funding will be used to further scale Airobotics operations in the US and Australia. 

Airobotics already has an office in Perth, and recently launched its new North American headquarters in Scottsdale, Arizona, which will service North America, South America and Central American operations.

The Scottsdale office will become the company's global headquarters as Airobotics continues to scale. 

"Airobotics is experiencing massive momentum and expanding across geographies," Airobotics CEO and co-founder Ran Krauss said. 

"We are honoured that Pavilion Capital sees the huge potential in Airobotics' technology and aerial data solutions. 

"We have a strong business pipeline and to keep up with demand for our technology, we are continuing to expand operations across the countries in which we operate, specifically our new headquarters in the US.

"Additionally, the new funding will drive our continuous work with aviation authorities to obtain BVLOS (Beyond Visual Line of Sight) Certificate of Waiver in every geography we operate in, including in the US."

Airobotics is the first and only drone solution worldwide certified to fly without a human operator.

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