Linse Capital

U.S. Autonomous Drone Maker Skydio Announces $170 Million In Series D Funding Led by Andreessen Horowitz’s Growth Fund

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Monday, March 1, 2021
Aerospace, Technology, Manufacturing, Air, Transport, Security, Software, Other Defense, Defense, Audio, Video, Internet, Andreessen Horowitz, Andreessen, Information technology, Economy of California, California, Marc Andreessen, Gigster, Skydio, Andreessen Horowitz, Linse Capital

Skydio , the leading U.S. drone manufacturer and world leader in autonomous flight, today announced it has raised $170 million in Series D funding led by Andreessen Horowitzs Growth Fund.

Key Points: 
  • Skydio , the leading U.S. drone manufacturer and world leader in autonomous flight, today announced it has raised $170 million in Series D funding led by Andreessen Horowitzs Growth Fund.
  • This brings total funding raised to over $340 million with a current valuation of over $1 billion.
  • Andreessen Horowitz, which also led the Series A, is joined in this round by existing investors Linse Capital, Next47, and IVP, along with new investor UP.Partners.
  • With the additional capital raised, Skydio will further accelerate product development and global sales expansion to support the rapidly growing demand for its autonomous drone solutions.