Flyability Funding 22 Million Elios 3

Flyability funding got a major boost this week as the company celebrated a  15 million Swiss Franc (CHF) Series C funding round, augmenting their previous CHF 7 million.   (CHF 22 million is currently about $22, 645,000 USD.)  The companies unique Elios 3 collision safe platform for indoor inspection was on display this week on the floor of Commercial UAV Expo in Las Vegas.

by DRONELIFE Staff Writer Ian M Crosby

Leading indoor inspection drone company Flyability announced its acquisition of CHF 15 million during a Series C funding round, in addition to a previously closed CHF 7 million. Led by Japan’s SBI Investment, the round saw participation from new investors Cargill and Verve Ventures, as well as existing investors such as Dow, ETF Partners, Swisscom, and Future Industry Ventures.

“Following Flyability’s growth since its previous funding round, we were delighted to have the opportunity to invest in such an exciting business,” said Yoshitaka Kitao, the…