AirMap raises $15M Series A round to develop its airspace management system for drones
Summary
AirMap secured a $15 million Series A round to accelerate development of its airspace management system for drones. General Catalyst led the round, with participation from several other investors. The company already serves major drone makers and has also started working with large airports on real-time flight sharing. The funding will support the broader rollout of commercial drone navigation and airspace management tools.
Funding
Amount
$15.0M
Total raised
Date
April 7, 2016
Announcement date
Investors
Social Capital, Bullpen Capital, TenOneTen Ventures, Lux Capital, General Catalyst
Lead investors
Company
airmap.com
Funded company
Classifications
industries
HealthTech
applications
Anti Piracy
AskAI Classifications
Labels
Autonomous Systems Software
Air Traffic Control Software
Unmanned Aerial Vehicle (UAV) Software
Linked Companies
DroneUp
$100M to $250M