Skycatch Raises $13.2M To Field Data-Gathering Drones Both High And Low

Funding Rounds

Summary

Sanz told me in an interview that he clued into the possibility when someone working on a construction site asked him to take some aerial photos of his build while he was showing off his drone to a crowd of gathered spectators. What Sanz could provide, via a fleet of drones, was a constantly updated wealth of data about the site as it progresses – changes could be caught early on, avoiding potentially costly mistakes. Drones with cameras and sensors can collect all kinds of information about what’s going on with a site, and Skycatch is as much about providing sophisticated and powerful access to that data as it is about building and flying the robots that capture it. I asked Sanz what happens when the skies get too busy, and he said that while we’re still far off from that point, in the future companies will likely work together using aerial and satellite imaging and common communications channels to ensure that even above commercial flight altitude, they won’t interfere with one another. Whereas before you almost had to wait until your building fell down to figure out that you had a serious issue that could’ve been spotted and resolved early on, now, Skycatch gives you a full, 360-degree view of your project from above, in way that can provide you feedback on your progress almost in real-time.

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Amount $13.2M Total raised
Date May 23, 2014 Announcement date
Investors Mind the Seed - MTS Fund, Avalon Ventures, Urban.Us, VTF Capital (fka VegasTechFund), GV, Sherpalo Ventures, ff Venture Capital Lead investors
Company http://www.skycatch.com Funded company

Classifications

industries
No industries detected
applications
Data Management

AskAI Classifications

Labels
Drone Automation Software Data Analysis Software Geospatial Software

Linked Companies

Skycatch
$10M to $25M