ZURICH, Switzerland – Fotokite AG, a Swiss and US-based scale-up making totally autonomous tethered
UAVs for firefighting and public security groups, proudly pronounces the profitable closure of its newest Sequence B financing spherical. The corporate has secured round CHF 10 M ($ 11 M) funding to additional speed up its progress, bolster its R&D and increase its operations globally.
Carbyne Fairness Companions, a non-public fairness agency that invests in rising European companies, led Fotokite’s financing spherical with current buyers together with Swisscanto Personal Fairness Development I, and Credit score Suisse Entrepreneur Capital Ltd.
“Fotokite’s differentiating expertise and completed administration group completely align with our funding necessities. Therefore, we’re delighted to accompany the worldwide commercialization and steady technological growth of Fotokite’s merchandise so as to present first responders with gear that’s worthy of their important missions”
— Markus Petersen, Managing Companion Carbyne Fairness Companions
With this current funding, Fotokite has solidified its place because the premier supplier of actively-tethered drone expertise for emergency response groups. The corporate’s progressive options, which have been widely known for his or her effectiveness and reliability in important eventualities empower first responders with superior aerial capabilities to reinforce situational consciousness, streamline search and rescue operations, and save lives in important conditions.
The current funding permits Fotokite to increase its public security buyer base, meet new market alternatives, develop further product options, and scale up operations. Fotokite’s growth efforts have led to a major enhance in its presence with operations now spanning throughout six continents.
“We’re thrilled to announce the profitable completion of our newest funding spherical, which marks a major milestone for our firm,” stated Bart Slager, CEO of Fotokite. “This funding underscores the boldness in our imaginative and prescient and the worth of our autonomous options for first responders. With our expanded assets and international attain, we’re poised to make a good better affect in serving to emergency response groups save lives and defend communities around the globe.”
For extra details about Fotokite and its revolutionary drone options for first responders, go to www.fotokite.com
About Carbyne: Carbyne Fairness Companions is a European personal fairness agency that invests in rising companies with robust market positions and wonderful management. Carbyne’s focus sectors are safety expertise, agricultural expertise, healthcare and vitamin. The operational expertise of the group mixed with entry to firsthand trade experience and an in depth community to help expansions, makes Carbyne a novel companion.
For extra info, please see www.carbynepartners.de
About Swisscanto and the Swisscanto Personal Fairness Development Fund: Swisscanto is the asset administration arm of the Zürcher Kantonalbank group, one in all Switzerland’s largest fund suppliers, growing high-quality funding and pension options for personal buyers, corporations and establishments. The Swisscanto Personal Fairness Development Fund gives capital to corporations within the growth part lively within the info, communication, expertise (ICT) in addition to within the healthcare sectors, primarily in Switzerland and opportunistically overseas. The Swisscanto Personal Fairness Development Fund goals at creating added worth through the market penetration by supporting its portfolio corporations with capital, know-how and entry to worldwide companions for additional growth till a profitable exit.
For extra info go to Swisscanto website www.swisscanto.com
About Credit score Suisse Entrepreneur Capital Ltd.: Credit score Suisse Entrepreneur Capital Ltd is a 100% subsidiary of Credit score Suisse AG, a UBS Group firm, offering small and medium-sized enterprises in addition to younger corporations with progress capital. Since its basis in 2010, CSEC has invested in over 60 Swiss corporations.
