Skydio Funding 230 Million Series E
From the Skydio funding announcement:
The $230 million Series E round brings Skydio’s total funding raised to $562 million with a current valuation of over $2.2 billion. Linse Capital led the round, joined by existing investors Andreessen Horowitz, Next47, IVP, DoCoMo, NVIDIA, the Walton Family Foundation and UP.Partners. Skydio also welcomed new investors Hercules Capital and Axon, a technology leader in global public safety and a key Skydio technology partner.
Skydio has grown by 30x since it entered the market 3 years ago, based upon its US manufacturing and a ground breaking autonomy platform. As demand in both civil and military markets increase, Skydio unveils a new 36,000 square feet manufacturing facility and expects to add 150 manufacturing jobs to the Hayward, CA site and other US locations.
Skydio drones are now used by every branch of the U.S. Department of…