SkySafe Raises $30 million Series B – sUAS News
SkySafe, an airspace security and management technology company, today announced a $30 million Series B investment led by Kingfisher Investment Advisors with participation from new investors Gaingels, and MIT alumni investment fund Castor Ventures. Previous investor Andreessen Horowitz, who led the seed and Series A investments, also joined the round. To date, SkySafe has raised $45 million in total financing. The fresh capital will help further accelerate the company’s growth through strategic hiring, R&D, and expanded production of its airspace security system for commercial adoption.
SkySafe’s technology applies advanced radio technology, reverse engineering, and deep threat analysis to provide the infrastructure needed for the commercial drone industry. The SkySafe system delivers in-depth airspace awareness, differentiating authorized drones from those that may pose a threat. Its modular hardware and software can be tailored to specific regulatory environments to…