Last updated November 4th 2018
Israeli drone tech startup Airobotics, a maker of autonomous drones that can fly without a pilot, has raised $30 million in a Series D round, US tech online news site TechCrunch reported on Tuesday.
The new round of financing will be used to expand the company’s US operations, including the development of its global headquarters in Arizona and push its further efforts in manufacturing.
“Airobotics is experiencing massive momentum and expanding across geographies,” said Ran Krauss, CEO, and co-founder of Airobotics, in a statement. “We are honored that Pavilion Capital sees the huge potential in Airobotics’ technology and aerial data solutions. 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 U.S.”
Founded in 2014 by Meir Kliner and Ran Krauss, Airobotics has developed a pilotless drone solution which is the first of its kind in the global market.
Airobotics opened its US headquarters in Scottsdale, Arizona in September.
The company, which has already raised over $70 million in funding prior to this round, also has offices in Australia and operations in Chile and New Caledonia in the Pacific Ocean. It’s last funding round was for $32.5 million in 2017, led by BlueRun Ventures China, with participation also from Microsoft Ventures, OurCrowd.com, and another unnamed strategic investor.
Airobotics’ first US client is BHP, a multinational mining corporation.