What is vHive?
vHive is a global leader in drone software solutions, dedicated to accelerating enterprises' continuous digital transformation. The company's unique offering enables businesses to deploy autonomous drone hives for the digitization of field assets and operations, providing accurate field data and analytics for enhanced decision-making. vHive's impact spans across critical industries such as communication towers, construction, insurance, and rail, where it significantly reduces operational costs, unlocks new revenue streams, and enhances employee safety through advanced automation and data capture.
How much funding has vHive raised?
vHive has raised a total of $56.2M across 4 funding rounds:
Angel/Seed
$5.5M
Multiple Rounds
$50.7M
Angel/Seed (2019): $5.5M, investors not publicly disclosed
Series A (2022): $17.6M led by StageOne Ventures, Monk's Hill Ventures, Wavemaker, Octopus Investments, Telekom Innovation Pool, and Insigna Venture Partners
Series A (2022): $8.1M supported by Monkʼs Hill Ventures, Wavemaker Partners, and Insignia Ventures Partners
Series B (2022): $25M featuring Deutsche Telekom, Psg, Octopus Ventures, and Telekom Innovation Pool
Key Investors in vHive
StageOne Ventures
StageOne Ventures specializes in leading investments in early-stage, Israel-related deep tech startups that address complex enterprise challenges. With over $500 million under management and a strong global network, they provide essential support to founders from inception to exit.
Monk's Hill Ventures
Monk's Hill Ventures invests in ambitious tech founders in Southeast Asia at the Series A stage. They focus on supporting entrepreneurs who are fearless problem-solvers and are dedicated to changing millions of lives through technology.
Deutsche Telekom
Founded in 1995, Deutsche Telekom AG is a Germany-based integrated telecommunications provider, offering its customers around the world a portfolio of services in the areas of telecommunications and information technology.
What's next for vHive?
The substantial enterprise-level funding and recent strategic investment signal a pivotal phase for vHive. This capital infusion is expected to fuel further research and development, expand its global market reach, and enhance its autonomous drone hive technology. The company is well-positioned to solidify its leadership in the drone software market, driving digital transformation for enterprises by providing unparalleled insights from field operations. Future growth will likely focus on scaling its deployment capabilities and forging deeper strategic partnerships across various industrial sectors.
See full vHive company page
