Fundz

Droneshield Completes $40 Million Capital Raise With Substantial Investor Support

PUBLIC · DRSHFMar 07, 2023

Amount Raised

$40 Million

Round Type

Funding Round

SydneyManufacturingInformation TechnologyArtificial IntelligenceAerospace

Description

DroneShield Ltd (ASX:DRO) (DroneShield or the Company) is pleased to announce the successful completion of its Share Purchase Plan (SPP), which follows the $10.9 million Placement, completed on 6 February.

Quick answer

DroneShield raised $40 Million in a Funding Round round, dated March 7, 2023. DroneShield is based in Sydney, New South Wales, Australia.

How much did DroneShield raise?
DroneShield raised $40 Million in a Funding Round round on March 7, 2023.
What does DroneShield do?
DroneShield is a worldwide leader in counter-UAS security and technology.
Where is DroneShield based and how big is it?
DroneShield is based in Sydney, New South Wales, Australia. Fundz records about 411 employees.
Who are the decision-makers at DroneShield?
Fundz holds 3 contacts at DroneShield, including the Senior Talent Acquisition Specialist. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Aerospace and Manufacturing around the same time

Companies in the same sectors as DroneShield that raised within 45 days of this round, from Fundz verified event records.

  • Robust.AI raised $20M (Funding Round) on April 20, 2023.
  • Tvarit raised an undisclosed amount (Series A) on April 18, 2023.
  • Persist AI raised $4.9M (Seed) on April 13, 2023.
  • SKYX Platforms raised $2.3M on March 29, 2023.
  • Isar Aerospace raised $167M (Funding Round) on March 28, 2023.
  • Flyte Aviation, Inc. raised $8M on March 23, 2023.

Who to call at DroneShield, and when

A new round usually means DroneShield is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day DroneShield raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
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Company Information

Company

DroneShield

Location

Sydney, New South Wales, Australia

About

DroneShield is a worldwide leader in counter-UAS security and technology. DroneShield develops pre-eminent UAS security solutions that protect people, organisations and critical infrastructure from intrusion from UAS threats. Its leadership brings world-class expertise in engineering and physics, combined with deep experience in defence, intelligence, and aerospace.

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Related People

3 contacts
Verified contactsLuiza M., Senior Talent Acquisition SpecialistSee plans and pricing
Predictive Intelligence
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DroneShield 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.