Fotokite AG, a Swiss and US-based scale-up making fully autonomous tethered UAVs for firefighting and public safety teams, proudly announces the successful closure of its latest Series B financing round. The company has secured around CHF 10 Million ($ 11 Million) investment to further accelerate its growth, bolster its R&D and expand its operations globally.
Carbyne Equity Partners, a private equity firm that invests in growing European businesses, led Fotokite’s financing round with existing investors including Swisscanto Private Equity Growth I, and Credit Suisse Entrepreneur Capital Ltd.
Development of Fotokite’s products
“Fotokite’s differentiating technology and accomplished management team perfectly align with our investment requirements. Hence, we are delighted to accompany the international commercialization and continuous technological development of Fotokite’s products in order to provide first responders with equipment that is worthy of their critical missions,” said Markus Petersen, Managing Partner, Carbyne Equity Partners.
Fotokite’s expansion efforts
Fotokite’s expansion efforts have led to a significant increase in its presence with operations
With this recent funding, Fotokite has solidified its position as the premier provider of actively-tethered drone technology for emergency response teams.
The company’s innovative solutions, which have been widely recognized for their effectiveness and reliability in critical scenarios empower first responders with advanced aerial capabilities to enhance situational awareness, streamline search and rescue operations, and save lives in critical situations.
The recent investment allows Fotokite to expand its public safety customer base, meet new market opportunities, develop additional product features, and scale up operations. Fotokite’s expansion efforts have led to a significant increase in its presence with operations now spanning across six continents.
Autonomous solutions
“We are thrilled to announce the successful completion of our latest funding round, which marks a significant milestone for our company,” said Bart Slager, CEO of Fotokite.
Bart Slager adds, “This investment underscores the confidence in our vision and the value of our autonomous solutions for first responders. With our expanded resources and global reach, we are poised to make an even greater impact in helping emergency response teams save lives and protect communities around the world.”
