U.S. Autonomous Drone Maker Skydio Announces $170 Million In Series D Funding Led by Andreessen Horowitz’s Growth Fund
Summary
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. We’re excited to continue to invest in this magical combination of breakthrough technology, rapid growth, and an incredible team in a market that’s going through an inflection point,” said David Ulevitch, General Partner at Andreessen Horowitz. By transforming drones into intelligent devices that can dynamically understand and adjust to the environment in which they are operated, Skydio enables radically simpler flights and makes missions once considered impossible possible. Skydio designs, assembles, and supports its products in the U.S. from its headquarters in Redwood City, CA, and has been selected as Trusted Drone Provider for U.S. Federal Government as part of the Defense Innovation Unit’s Blue sUAS Project. Skydio is trusted by leading enterprises across a wide range of industry sectors and is backed by top investors and strategic partners including Andreessen Horowitz, Linse Capital, Next47, IVP, Playground, NVIDIA, and UP.Partners.