Fotokite Raises $11M Series B funding


Fotokite AG, a Swiss-American company pioneering tethered drones for firefighting and public safety applications, has successfully concluded its Series B funding round, securing CHF 10 million (approximately $11 million). The investment, led by Carbyne Equity Partners and supported by existing investors Swisscanto Private Equity Growth I and Credit Suisse Entrepreneur Capital Ltd, is poised to accelerate Fotokite’s growth trajectory, fuel research and development initiatives, and bolster its global footprint.

Fotokite’s technology represents a significant advancement in the realm of emergency response, providing first responders with powerful aerial capabilities to enhance situational awareness and streamline search and rescue operations. The company’s flagship product, the Fotokite Sigma system, offers unparalleled ease of use, enabling rapid deployment with a simple push of a button and providing real-time aerial intelligence through a user-friendly interface.

Markus Petersen, Managing Partner at Carbyne, expressed confidence in Fotokite’s technology and leadership team, emphasizing the alignment with their investment strategy and the potential to equip first responders with cutting-edge solutions for critical missions.

The infusion of capital will enable Fotokite to expand its presence in the public safety sector, explore new market opportunities, enhance product features, and scale up operations. With operations spanning six continents, the company is poised to make a significant impact in helping emergency response teams save lives and safeguard communities worldwide.

Bart Slager, CEO of Fotokite, hailed the funding round as a milestone achievement, underscoring the confidence in the company’s vision and the value proposition of its autonomous solutions for first responders. With expanded resources and a global reach, Fotokite is primed to deliver tangible benefits, contributing to the advancement of emergency response capabilities on a global scale.

The successful funding round underscores the growing interest in tethered drone technology within the public safety sector. While Fotokite’s solutions hold immense promise, their long-term impact and effectiveness in real-world scenarios necessitate further research and validation. Nonetheless, Fotokite’s commitment to innovation and its dedication to enhancing emergency response operations position it as a key player in the evolving landscape of public safety technology.

Related Stories