What is FLYABILITY?
Flyability is a pioneering Swiss enterprise dedicated to developing advanced solutions for the inspection and exploration of challenging indoor, inaccessible, and confined spaces. By enabling the safe deployment of drones within buildings, Flyability empowers industrial companies and inspection professionals to substantially reduce operational downtime, mitigate inspection costs, and enhance worker safety. The company serves a diverse clientele across sectors including Power Generation, Oil & Gas, Chemicals, Maritime, Infrastructures & Utilities, and Public Safety, solidifying its leadership in the commercial indoor drone sector through continuous innovation.
How much funding has FLYABILITY raised?
FLYABILITY has raised a total of $37.3M across 3 funding rounds:
Series A
$4.3M
Series B
$11M
Series C
$22M
Series A (2016): $4.3M with participation from Go Beyond investing, MKS Alternative Investments, and Environmental Technologies Fund
Series B (2018): $11M, investors not publicly disclosed
Series C (2022): $22M supported by Swisscom, SBI Investment, Future Industry Ventures, Cargill, and ETF Partners
Key Investors in FLYABILITY
Swisscom
Swisscom, a prominent Swiss telecommunications provider, likely brings strategic telecommunications and digital infrastructure expertise to Flyability's growth initiatives.
SBI Investment
SBI Investment specializes in venture capital, focusing on early-stage companies and providing management support, indicating a role in Flyability's strategic development and financial planning.
ETF Partners
ETF Partners, with its focus on 'sustainability through innovation' and investing in technology companies that make a difference, likely provides Flyability with capital and strategic guidance aligned with environmental and technological advancements.
What's next for FLYABILITY?
The recent major strategic investment signifies a pivotal moment for Flyability, likely enabling accelerated product development, market expansion, and further enhancement of its technological capabilities. This capital infusion is expected to bolster the company's efforts in addressing complex industrial inspection needs, potentially leading to new applications and deeper penetration into existing markets. Flyability's focus on safety and efficiency in confined spaces positions it for continued growth as industries increasingly adopt advanced drone technology for operational intelligence and risk reduction.
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