Verity Soars Higher With $11M Boost For Inventory Drones
A Swiss drone startup, Verity, has further fueled the drone frenzy this summer by securing an additional $11 million in funding. This recent cash injection extends its Series B round, announced in March, to a grand total of $43 million.
Verity’s Drone Technology, which has already found its way into 16 of Ikea’s European warehouses, is rapidly gaining traction in the buzzing drone market. The drones are currently operational in 13 Countries, according to the company.
Though further details about the deployment are sparse, the potential reach is massive. There’s a vast array of third-party logistics firms, retailers, and manufacturers with countless shelves that could benefit from automated inventory.
The warehouse environment poses unique challenges that companies such as Simbe and Bossa Nova are tackling by focusing on in-store shelf scanning. London-based Dexory has also devised a distinctive solution with its extending scaffolding system on wheels, designed to…