Voliro, a Zurich, Switzerland based aerial mobile robotics company, raised $12m in Series A funding.
The round was led by Cherry Ventures, with additional investment from existing business angels, family offices, and a conventional debt facility.
This new funding brings Voliro’s total capital raised to $22 million and will accelerate the company’s mission to make industrial inspection, maintenance, and repair work at height safer, more efficient, and cost-effective.
Founded in 2019 and led by Florian Gutzwiller, CEO, and Timo Müller, COO, Switzerland, Voliro has been at the forefront of developing advanced aerial robots designed to perform precision tasks in challenging environments. The company launched its first product in November 2022, a drone equipped with a tiltable rotor system that allows it to interact with surfaces at any angle.
Voliro’s aerial robots perform these tasks remotely, reducing the need for human exposure to hazardous conditions while also reducing costs and time.
Voliro’s technology is already being utilised by major industry players, including Chevron, Holcim, Acuren and niche thought leaders like Osprey Integrity. These companies are leveraging Voliro’s aerial robots to perform critical inspections and maintenance on industrial assets such as flare stacks, wind turbines, and other hard-to-reach infrastructure. Voliro’s drones are capable of conducting non-destructive testing (NDT) and other contact-based inspections with unmatched precision, even in challenging conditions like high winds or on sloped surfaces.
FinSMEs
04/10/2024