Automated industrial drone pioneer Airobotics has raised $32.5 million in round C financing led by BlueRun Ventures China and Microsoft Ventures.
The company will use this fund to meet the growing demand in mining and enhance homeland security industries. Its fully automated end-to-end drone solution to collect aerial data can reduce both risks and costs of operating drones.
“In addition to its existing customer base in Western countries, we believe Airobotics will see substantial opportunities in Asia, which is one of the world’s largest industrial markets,” said Jiajie Wu, executive director at BlueRun Ventures China, the leading investor of this round C financing.
Airoboticsis exhibiting at AUVSI XPONENTIAL 2018 and the company’s booth is #604.
For more information on XPONENTIAL, check out the Inside GNSS/Inside Unmanned Systems’ Official Show Navigator here.
By Charlene Zhang, Inside Unmanned Systems Correspondent