One month on from launching its North American headquarters in Scottsdale, Arizona, automated drone startup Airobotics has announced a $30 million fundraising plan.
The M Series D round of funding, led by Pavilion Capital, will bring its total capital raised to $101 million.
The new round of funding will be used to further scale Airobotics operations in the US and Australia, plus to continue servicing the mining industry and other industrial facilities globally, Airobotics said.
Ran Krauss, CEO and Co-Founder of Airobotics, said: “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.