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Aerodome Raises $21.5M in Series A Funding Led by CRV

Aerodome Raises $21.5M in Series A Funding Led by CRV

May 23, 2024 Craig Etkin

Entrepreneur and Reserve Police Officer Rahul Sidhu and Chief Architect Kenaniah Cerny Expand Next-Gen Drone-As-First-Responder Technology for Public Safety Agencies

May 22, 2024 07:03 AM Pacific Daylight Time

LOS ANGELES–(BUSINESS WIRE)–Aerodome, the leader in Drone-As-First-Responder (DFR) technology, today announced that the company has raised $21.5 million in Series A funding to continue building DFR solutions and growing its engineering and go-to-market teams. CRV led the round with participation from Andreessen Horowitz (a16z), Karman Ventures, Immad Akhund (CEO, Mercury), and Ford Street Ventures. The company raised its seed round in October 2023, led by a16z and 2048 Ventures, bringing its total funding to $28 million.

“Speed is of the essence in emergencies. Aerodome doesn’t just provide police agencies with ROI, it also gives them an insanely valuable source of real-time intelligence to first responders out in the field.”

“Upon experiencing Aerodome’s technology firsthand on a fly-along, I immediately recognized its potential to have a scalable impact on public safety and its ability to save lives,” said Saar Gur, General Partner, CRV and Aerodome’s newest board member. “Speed is of the essence in emergencies. Aerodome doesn’t just provide police agencies with ROI, it also gives them an insanely valuable source of real-time intelligence to first responders out in the field.”

Co-founded by Aerodome CEO and reserve police officer Rahul Sidhu and Aerodome Chief Architect Kenaniah Cerny, the company is ushering in a new era of DFR with a turnkey solution that is faster, safer, and more energy efficient than others on the market. By providing a fully automated and remote air support operating system, Aerodome equips agencies with a highly advanced, 24/7 solution that reduces the need for patrol officers to respond to calls by 15 percent while offering 80 percent faster response times.

“As the second officer in the country to launch a DFR program, I wanted to build a more advanced, automated solution that would reduce the strain on officer resources,” said Sidhu, also a former paramedic, crew chief, and pilot. “Our DFR 2.0 solution is a true force multiplier, since it only requires a single operator overseeing multiple drones at once. Our air traffic awareness system acts as a better observer than human pilots – capable of tracking planes, helicopters, other drones, and even birds in all directions, which saves precious time and resources for agencies.”

In just a year since its founding, Aerodome has secured contracts with police departments, nearly doubling its earnings projections for Q1 of 2024. Aerodome attributes its rapid growth to its advanced DFR system that is fully remote and automated, multi-station, and multi-drone. Agencies are using the Aerodome DFR system to accomplish an average 86-second response time to 911 calls, versus the average 7-8 minutes of many precincts reliant on traditional response measures alone. Additionally, with an average of two deaths per year from aviation-related crashes, plus widespread pollution from helicopters, DFR continues to offer a safer, more environmentally conscious supplement to police helicopters.

“Aerodome’s willingness to engage with our staff on the unique characteristics of our jurisdiction, and future directions with which to grow DFR capabilities, has led to high levels of confidence between our Department and their company,” said Lieutenant Robert Mitchell at Hawthorne Police Department. “We were happy to partner with Aerodome. They did what they said they were going to do, and more.”

Aerodome has also secured a new exclusive partnership with Hextronics, a world leader in enabling drone autonomy. Hextronics is supplying a drone dock that is purpose-built for DFR with a rapid, automated battery-changing system, HVAC system, and the ability to operate remotely in any condition.

To learn more about Aerodome’s mission and products, additional information can be found at aerodome.com.

About Aerodome:

Based in Los Angeles, Aerodome is bringing the future of air support to public safety agencies. Using a fully integrated, automated, and remote software operating system, Aerodome equips agencies with highly advanced, 24/7 Drone-As-First-Responder (DFR) capabilities. The company has received funding from CRV, Andreessen Horowitz (a16z), Karman Ventures, and more.

Contacts

press@aerodome.com

(c)2024 Business Wire, Inc., All rights reserved.


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Joby Aviation, a company developing electric air taxis for commercial passenger service, announced the successful closing of the first $250 million tranche of a previously announced strategic investment from Toyota Motor Corporation. The funding marks a significant milestone in strengthening the long-term collaboration between the two companies and supports their shared vision for the future of air mobility. The investment is aimed at supporting certification and commercial production of Joby’s electric air taxi. This underscores the mutual commitment to deepening integration and delivering next generation travel to global markets. This investment also puts the two companies a step closer toward a strategic manufacturing alliance.

In a statement JoeBen Bevirt, founder and CEO of Joby said, “We’re already seeing the benefit of working with Toyota in streamlining manufacturing processes and optimizing design.” “This is an important next step in our alliance with Toyota to scale the promise of electric flight. With this capital and Toyota’s legendary production expertise, we’re enhancing our ability to scale cutting-edge design and manufacturing to meet the demands of our partners and customers.”

Joby Aviation is a California-based transportation company developing an all-electric, vertical take-off and landing air taxi which it intends to operate as part of a fast, quiet, and convenient service in cities around the world. Powered by six electric motors, their aircraft takes off and lands vertically, giving it the flexibility to serve almost any community. Flying with Joby might feel more like getting into an SUV than boarding a plane. The company's aerial ridesharing service will combine the ease of conventional ridesharing with the power of flight. A green alternative to driving that's bookable at the touch of an app. With more than 30,000 miles flown on full-scale prototype aircraft, their aircraft is designed to meet the uncompromising safety standards set by the FAA and other global aviation regulators. Joby Aviation is now engaged in a multi-year testing program with the FAA to certify their vehicle for commercial operations, and have completed the first three of five stages.
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Infinite Reality, an innovation company powering the next generation of immersive media, AI, and ecommerce, today announced a landmark real estate partnership with renowned real estate investment, development and management firm Sterling Bay to co-develop a 60-acre site in Fort Lauderdale into a next-generation technology and entertainment campus. This ambitious redevelopment—expected to open in 2026—will serve as Infinite Reality’s new global headquarters and is the cornerstone of iR’s long-term real estate strategy, which begins with this flagship project in South Florida. The public-private project marks one of the largest creative economy investments in the area to date, aiming to generate more than 1,000 new jobs with an average salary of six figures and deliver long-term economic growth to the region. Located at 1400 NW 31st Avenue on the site of a remediated former Superfund property, the development features over 100,000 square feet of Class A office space for media, tech, and enterprise clients. Construction is expected to begin in early 2026, pending completion of permitting and design phases.

In a statement John Acunto, co-founder and CEO of Infinite Reality said, “This isn’t just a headquarters—it’s the heart of Infinite Reality’s future. As a proud South Florida resident, this project is deeply personal to me.” “It’s about transforming a community I love into a global hub for immersive technology and creativity. We’re building opportunity, fueling innovation, and laying the foundation for a lasting legacy. Partnering with a world-class development firm like Sterling Bay ensures that this vision is realized at the highest level—and that Fort Lauderdale becomes a defining force in the future of the digital economy.”

In addition to serving as a corporate campus, the site will include flexible spaces for retail, production, digital broadcasting, and entertainment ventures. The development also includes educational initiatives in partnership with local institutions to train and hire future talent in STEM, immersive tech, and creative production. Infinite Reality is an innovation company powering the next generation of digital media and ecommerce through spatial computing, artificial intelligence, and other immersive technologies. Infinite Reality’s suite of cutting-edge software, production, marketing services, and other capabilities empower brands and creators to craft inventive digital experiences that uplevel audience engagement, data ownership, monetization, and brand health metrics.
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Kimberly-Clark Corporation, one of the world's leading manufacturers of personal care and hygiene products, will establish an $800 million advanced manufacturing facility in Trumbull County, bringing an anticipated 491 new high-quality jobs. For Kimberly-Clark, this new facility would be its first in Ohio and represents not just a strategic expansion, but a decisive step in doubling down on growth in the American market. Spread across more than one million square feet, the Warren facility will provide the manufacturing capacity needed to unleash future growth for Kimberly-Clark’s fastest-growing personal care categories that include Baby & Child Care and Adult & Feminine Care. Warren is in geographic proximity to roughly 117 million consumers and will serve as a strategic hub for the Northeast and Midwest regions. Construction is expected to begin this month and will take up to two years.

In a statement Tamera Fenske, chief supply chain officer at Kimberly-Clark said, “Our investment in Warren is a pivotal step forward in our North America business and strategy.” “By establishing a new, state-of-the-art manufacturing facility in Ohio, we’re enhancing our ability to serve millions of consumers across the Midwest and Northeast with greater speed, agility, and resilience. It’s a once-in-a-career opportunity to build a facility from the ground up that reflects the future of manufacturing, and with the support of local partners like JobsOhio, the Department of Development, Lake to River, Western Reserve Port Authority, and local governments, we have the unique opportunity to create high-quality jobs and long-term economic impact in the region.”

Based in Dallas and employing 46,000 people in 34 countries, the company’s portfolio of brands also includes Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Plenitud, Sweety, Softex, Viva and WypAll. Its products are sold in more than 175 countries and territories.
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