What is AirMap?
AirMap serves as the premier digital infrastructure provider for the unmanned aerial vehicle sector. The company specializes in Unmanned Traffic Management (UTM) and U-space software solutions, which are essential for the safe integration of drones into national airspaces. With a footprint spanning over 30 countries and a user base exceeding 250,000 pilots, AirMap provides the foundational automation necessary for scaling complex drone operations. Following its 2019 acquisition of Hangar Technology, the firm has further expanded its capabilities in enterprise drone dataflow, positioning itself as an indispensable partner for industries ranging from logistics to infrastructure inspection.
How much funding has AirMap raised?
AirMap has raised a total of $45.9M across 5 funding rounds:
Private Equity
$2.6M
Series A
$15M
Series B
$26M
Debt
$1M
Debt
$1.4M
Private Equity (2015): $2.6M, investors not publicly disclosed
Series A (2016): $15M led by General Catalyst Partners, TenOneTen Ventures, Social Capital, Pritzker Group, Bullpen Capital, and Lux Capital
Series B (2017): $26M supported by Yuneec, Airbus Ventures, Lux Capital, General Catalyst, Qualcomm Ventures, Microsoft Ventures, Sony, and Rakuten
Debt (2020): $1M featuring PPP
Debt (2021): $1.4M backed by PPP
Key Investors in AirMap
General Catalyst
A venture capital firm focused on identifying and supporting transformational business opportunities across multiple sectors, providing strategic capital to companies at critical inflection points.
Lux Capital
A New York-based venture capital firm that invests in early-stage and growth-stage companies at the intersection of science and technology, with a focus on robotics, space, and advanced materials.
Airbus Ventures
The corporate venture arm of Airbus, specializing in deep-tech investments that enhance the future of aerospace, hypersonic economies, and sustainable technological solutions.
What's next for AirMap?
Looking ahead, AirMap is poised to leverage its recent capital infusion to accelerate the global deployment of its UTM ecosystem. As regulatory frameworks for beyond-visual-line-of-sight (BVLOS) operations mature, the company is expected to deepen its research collaborations with entities like NASA and the European Network of U-space Demonstrators. The strategic focus remains on enhancing the scalability of its automation software, ensuring that the burgeoning drone economy can operate with the same level of safety and efficiency as traditional aviation. Continued investment in digital automation will likely remain the primary driver for AirMap as it seeks to define the standards for the next generation of aerial mobility.
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