Zurich-based SwissDrones, an aerial intelligence company, has secured $10 million (approximately €9.2 million) in a Series B equity growth funding round. This investment was led by a consortium including DiamondStream Partners, Chevron Technology Ventures, Ingleside Investors, and existing shareholders.
The new funding will advance SwissDrones’ ability to deliver integrated solutions that combine long-range unmanned helicopters, aviation-grade flight operations, and large-scale data analytics. These solutions are crucial for applications in public safety, search and reconnaissance, and infrastructure inspection worldwide.
Ulrich Amberg, CEO of SwissDrones, expressed his enthusiasm, saying, “We are excited to close this round with such high-caliber investors. The proceeds will help us expand our global footprint to meet the significant market demand for our integrated solutions from corporate and public sector entities globally.”
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Innovative Unmanned Helicopter Systems
Founded in 2013, SwissDrones designs and operates long-range unmanned helicopter systems intended to replace manned helicopters. These systems offer a safer, more cost-effective solution for surveillance, inspection, and search and reconnaissance missions beyond visual line of sight (BVLOS).
SwissDrones’ twin-rotor unmanned helicopter systems can integrate high-end sensor payloads and enable long-range BVLOS operations both day and night, with multiple hours of flight endurance. These aircraft are currently in operation across Asia, Europe, and North America.
Jim Gable, Vice President of Innovation in Chevron’s Technical Center and President of Technology Ventures at Chevron, highlighted the impact of the startup’s technology, stating, “With a solution designed to gather data more efficiently at lower cost and with less risk to workers, SwissDrones can enable advanced field operations and improved safety.”
Strategic Investment for Growth
This investment from Chevron’s Core Fund focuses on high-growth startups and breakthrough technologies that have the potential to improve Chevron’s core oil and gas businesses and create new growth opportunities. “We welcome SwissDrones to the portfolio,” added Gable.
With this funding, the swiss company is poised to enhance its capabilities and expand its reach, continuing to innovate in the field of unmanned aerial intelligence.
