Fotokite, a Swiss and US-based company specialising in actively-tethered UAVs for firefighting and public safety, is pleased to announce the successful closure of its Series B financing round, securing approximately CHF 10 million ($11 million). The purpose of this funding is to accelerate growth, enhance research and development, and expand global operations.
Leading the investment round is Carbyne Equity Partners, a European private equity firm, with the support of existing investors such as Swisscanto Private Equity Growth I and Credit Suisse Entrepreneur Capital Ltd. Markus Petersen, Managing Partner at Carbyne Equity Partners, expressed strong support for Fotokite’s ongoing development and international commercialization. He emphasized that Fotokite’s technology and management team align perfectly with their investment requirements, and they are looking forward to accompanying the continuous technological development of Fotokite’s products.
Fotokite’s technology has gained recognition for its effectiveness and reliability in critical public safety scenarios, providing first responders with enhanced aerial capabilities to improve situational awareness, streamline search and rescue operations, and ultimately save lives. The recent capital influx will allow Fotokite to broaden its public safety customer base, meet new market opportunities, develop additional product features, and scale operations. With operations now spanning six continents, Fotokite is indicating significant global expansion.
CEO Bart Slager expressed enthusiasm about the funding milestone, highlighting the confidence in their vision and the value of their autonomous solutions for first responders. With expanded resources and a broader global reach, Fotokite is poised to make an even greater impact in helping emergency response teams save lives and protect communities around the world.
The investors, Carbyne Equity Partners, Swisscanto, and Credit Suisse Entrepreneur Capital Ltd., bring with them a wealth of experience and expertise in growing businesses and supporting emerging companies in various sectors. Their support will undoubtedly contribute to the continued success and growth of Fotokite.
In related news, Fotokite has also received the prestigious iF Design Award for its Tethered Drone for Public Safety, highlighting its unlimited flight time and elegant design. This recognition further solidifies Fotokite’s position as a leader and innovator in the drone industry.
The future looks bright for Fotokite as they continue to advance their technology and expand their global operations. This latest funding round sets the stage for a new chapter of growth and innovation, ultimately benefiting the public safety sector and communities around the world.