Percepto raises $67 million to meet demand for automated drones

Autonomous drone solutions provider Percepto has raised a whopping $67 million in Series C funding. Led by Koch Disruptive Technologies (KDT), this fresh equity and debt funding brings the total investment in the drone company to more than $120 million to date.

Israel-based Percepto recently received a groundbreaking beyond visual line of sight (BVLOS) waiver from the Federal Aviation Administration (FAA). The nationwide waiver allows the company to remotely operate autonomous drones at any critical infrastructure site in the US without requiring site-specific approvals from the FAA.

Further, the waiver frees Percepto’s clients from several logistical and cost barriers because it negates the need for ground-based or airborne radars and people on the ground alike. Overall, the drone solution automates the entire visual inspection workflow, from data collection to AI-powered analysis and insights. And problems such as gas leaks, overheating, and…