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Skydio raised $170 million in an extension round led by KDDI and Axon to support its growth in the defense tech sector.

PRIVATENov 15, 2024

Amount Raised

$170 Million

Round Type

Series E

San MateoManufacturingInformation Technology

Investors

Linse CapitalKddiAxon

Description

Skydio, an American drone manufacturer, has successfully secured $170 million in an extension round of funding, adding to its previous $230 million raised in Series E. This round includes strategic investments from KDDI and Axon, as well as support from previous investors like Linse Capital.

Who else raised in Manufacturing around the same time

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

  • Western CAM raised $425K (Seed) on December 30, 2024.
  • Karman+ raised $21M on December 30, 2024.
  • Odd.Bot raised $2.1M (Pre-Series A) on December 30, 2024.
  • Genesis Systems raised $25M on December 28, 2024.
  • Leanworx raised $977K (Seed) on December 27, 2024.
  • QTREX Quantum Ltd raised $8.3M on December 27, 2024.

Who to call at Skydio, and when

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

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Company Information

Company

Skydio

Location

San Mateo, California, United States

About

The company says it’s seen a 30x growth over the last three years and is now the largest drone manufacturer in the United States. In a released statement, Skydio co-founder and CEO Adam Bry says the company sees “extraordinary demand globally from organizations addressing needs important to every citizen.” The company had viral success with its original drone that featured a market-leading collision avoidance detection. The company still offers such capabilities but has pushed the industry forward with additional features and capabilities. In addition, the company expects to hire 150 manufacturing employees to staff the new facility. Skydio says its drones are used in every branch of the U.S. Department of Defense, by over half of all U.S. State Departments of Transportation, and by over 200 public safety agencies in 47 states. Current regulations around visual piloting limit this product, but Skydio has a solution for that, too, and now works with companies to expand their drone programs.The new Skydio manufacturing facility is based in Hayward, CA.

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Related People

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Verified contactsAdam B., CEO & Co-founder hiddenSee plans and pricing
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Skydio 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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