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Skydio has filed a notice of an exempt offering of securities to raise $230,000,000.00 in New Equity Investment.

Skydio has filed a notice of an exempt offering of securities to raise $230,000,000.00 in New Equity Investment.

March 17, 2023 Craig Etkin

According to filings with the U.S. Securities and Exchange Commission, Skydio is raising $230,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Adam Bry played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Skydio
Skydio is the leading U.S. drone manufacturer and world leader in autonomous flight. Skydio leverages breakthrough AI to create the worlds most intelligent flying machines for use by consumer, enterprise, and government customers. Founded in 2014, Skydio is made up of leading experts in AI, robotics, cameras, and electric vehicles from top companies, research labs, and universities from around the world. Skydio designs, assembles, and supports its products in the U.S. from its headquarters in Redwood City, CA, to offer the highest standards of supply chain and manufacturing security. Skydio is trusted by leading enterprises across a wide range of industry sectors and is backed by top investors and strategic partners including Andreesen Horowitz, Levitate Capital, Next47, IVP, Playground, and NVIDIA.

To learn more about Skydio, visit http://skydio.com/

Contact:
Adam Bry, Chief Executive Officer
855-463-5902
https://www.linkedin.com/in/adam-bry-a5788582/

SOURCE: http://www.intelligence360.io
Copyright (c) 2023 SI360 Inc. All rights reserved.


Venture Capital
7360, California, San Francisco, San Mateo, Skydio, Venture Capital

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