The Israeli drone startup has taken its total capital raised past the £100m mark with the deal, which will help scale up operations in the US and Australia.
Pavilion Capital, a branch of Singaporean government-owned investment firm Temasek, has led the $30m series D funding round for Israel-based drone developer Airobotics, the company announced this week.
Also participating in the round were BlueRun Ventures, Charles River Ventures and OurCrowd, in addition to several private investors. Airobotics said it planned to use the funding to expand its operations in the US and in Australia.
Ran Krauss, the firm’s CEO and co-founder, said: “We are honoured that Pavilion Capital sees the huge potential in Airobotics’ technology and aerial data solutions. We have a strong business pipeline and to keep up with demand for our technology, we are continuing to expand operations across the countries in which we operate.”