What is Hexo?
Hexo+ is an innovative technology firm specializing in autonomous drones engineered for capturing high-quality aerial footage. Their primary offering, the Hexo+ drone, is designed for hands-free operation, utilizing a smartphone application to follow users and record them automatically. This user-friendly approach makes advanced aerial filming accessible to a broad audience, including action sports enthusiasts and filmmakers. The drone is characterized by its compact design, robust construction, and high-speed flight capabilities, ensuring adaptability across diverse filming environments and adventurous pursuits.
How much funding has Hexo raised?
Hexo has raised a total of $4.3M across 2 funding rounds:
Angel/Seed
$1.3M
Private Equity
$3M
Angel/Seed (2014): $1.3M, investors not publicly disclosed
Private Equity (2015): $3M, investors not publicly disclosed
What's next for Hexo?
With the recent major strategic investment, Hexo is poised for significant expansion and technological advancement. This substantial capital infusion is expected to fuel further research and development in autonomous flight systems and advanced camera stabilization, enhancing the capabilities of their drone offerings. The company's focus on making aerial filming accessible suggests a strategy aimed at capturing a larger market share by refining user experience and potentially expanding into new application areas. Continued innovation and strategic partnerships will likely be key to Hexo's future growth trajectory in the competitive drone market.
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