Strong Business, Bigger Mission, New Capital
Adam Bry Skydio has raised $110 million in Series F financing, led by existing investors. This round raises our valuation to $4.4 billion.
The most significant fact in our Series F is how little we are raising. Despite investor demand to put substantially more into the company, and an expanding array of investments we’re making that are turning sci-fi products into reality, our capital needs are rapidly decreasing. We are in the hard-earned and extremely rare position amongst AI and robotics companies of having a strong core business generating hundreds of millions in annual revenue, with strong unit economics and hypergrowth, that is funding more and more of our ongoing operations and future bets.
This additional capital gives us the room to move even faster to scale production to meet demand across public safety, defense, critical infrastructure, and site security customers, while ensuring that we have end-to-end category-defining products for each.
We are all in on building the flying robot infrastructure our civilization needs, and building world-leading drone manufacturing in the U.S. while we’re at it.
If this sounds like your cup of tea, we're hiring.
