SkyX raises $9.5 mln in Almond Tree-led Series B round
Summary
Founded in 2015 by CEO Didi Horn , SkyX’s drones use a variety of sensors to gather customized, high-resolution data, enabling clients to monitor long-range assets, such as oil and gas pipelines.The company’s first-of-a-kind drones, using a variety of sensors, can gather a vast array of customized data, enabling clients to take charge of what has previously been an expensive and complex task — monitoring long-range assets like oil and gas pipelines.The company’s amazing technology and continuous product innovation, coupled with its ability to assemble world-class executive and engineering teams at this early stage in the company’s life cycle, is a testimony to its incredible promise and growth potential.Using a subscription-based price model, SkyX technology enables clients to reduce maintenance and monitoring costs while increasing the visibility, integrity and safety of their assets.Further, the company’s services help clients reduce emissions caused by inefficient monitoring processes; and decrease groundwater contamination thanks to increases in inspections, improved data and faster alerts.