HUVRData, LLC, a Houston, TX-based drone-based data analytics startup, raised $2m in funding.
Backers included Central Texas Angel Network (CTAN), Houston Angel Network (HAN) and the Texas HALO Fund.
The company intends to use the funds to expand operations.
Established in 2014 by CEO Bob Baughman, HUVR (pronounced ‘Hover’) focuses on providing data intelligence to businesses in industries including wind, solar, oil and gas and industrial agriculture using drone based inspections and cloud based services. The company is focused on working with wind farm owners and repair companies to perform regular and ongoing turbine assessments of entire wind
farms, identifying and diagnosing damage from cracks, lightening strikes, etc.
In the past 1.5 years, HUVR has built out its technology, secured the full FAA approval for its commercial drone applications, and attracted customers in such markets as wind, solar, oil and gas and precision agriculture.
FinSMEs
11/08/2015