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Airbility secures 6.5 billion won ($4.7 million) in a Series A round led by Saje Partners to develop advanced unmanned aerial vehicles.

PRIVATESep 01, 20267 days ago

Amount Raised

₩6.5 Billion

Round Type

Series A

Seongnam SiArtificial Intelligence

Investors

Industrial Bank Of KoreaSaje Partners

Description

Airbility announced the completion of a Series A funding round worth 6.5 billion won. The round was led by Saje Partners, marking their first investment in the defense sector. The funding will be used to develop additional aircraft and enhance onboard AI. Airbility now has a total of 10.5 billion won raised since its founding.

Company Information

Company

Airbility

Location

Seongnam Si, Gyeonggi, South Korea

About

Airbility is an anti-drone startup that develops counter-drone unmanned aerial vehicles and kill chain systems. Founded in 2023 by former researchers and engineers from prominent organizations, the company focuses on intercepting drones in the air. Airbility aims to enhance its aircraft with advanced AI and plans to expand its business model to include integrated counter-drone systems. The company is targeting international markets and significant revenue growth by 2028.

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Funding Insights

Based on industry data
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Airbility raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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