[Station R] Flybotix raises CHF5.5 million

After the successful market entry and the huge market attention of its ASIO drone, Flybotix closed a financing round to further develop the autonomous navigation capabilities on ASIO, its solution comprising the drone unit, the flight app and the post-processing software.

Based at Station R, in Renens, Flybotix is a fast-growing company working towards the idea that confined space inspection should be safe for humans and fast for inspectors. Its patented technology doubles flight time when compared to traditional solutions. ASIO is thus allowing faster inspections, cheaper asset shutdowns and enabling new use cases not previously possible.

The company has now secured an equity investment and a loan guarantee from the Technology Fund. In total the company raised CHF5.5 million. The equity part was led by a Swiss Investment Holding advised by Schwartzkopff Partners. Several new investors participated in the round as well as existing investors.

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