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Drone data company Skycatch receives $25M in funding

Drone data capture company Skycatch has announced it has received $25 million in funding in its latest funding round to develop its operations and product offerings further. The funding was on top of a $13.2 million funding round all the way back in 2014.

The funding round was led by ADB VenturesĀ and Wavemaker. It was founded in 2013 to develop a solution that allows drones to capture centimeter-accurate image data to create 3D scans.

The company has already rolled out its Skycatch Vision Engine, Edge1, and Explore1 drone to locations worldwide, with over 10,000 sites making use of it. The countries the drone technology is currently active in include Chile, Colombia, Peru, Brazil, Australia, Canada, the US, Indonesia, China, the Philippines, Thailand, and Japan.

Skycatch founder and CEO Christian Sanz shared:

The process of generating high-precision, centimeter-accurate data is extremely difficult. It is typically owned by the laser scanning market. Drones, in general,…

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Source: dronedj.com