September 26, 2013 AT 2:50 pm

BREAKING NEWS – 3D Robotics Announces $30 Million Series B Financing

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3D Robotics Announces $30 Million Series B Financing.

3D Robotics, the leading open Unmanned Aerial Vehicle (UAV) company, today announced a $30 million Series B financing round. The round was co-led by Foundry Group, a new investor, and existing investor True Ventures, along with participation from existing investors O’Reilly AlphaTech Ventures and SK Ventures. As part of this round,  Jason Mendelson of Foundry Group will join the 3D Robotics board of directors.

This round of funding augments a late-2012 Series A round led by True Ventures and O’Reilly AlphaTech Ventures. It will enable 3D Robotics to mainstream aerial robotics and surveying, making advanced UAV technology affordable and easy to use for its worldwide customer base of businesses and individuals. Working with its large community of users and open source developers, 3D Robotics has created the industry’s leading open UAV platform, APM, and is now extending that to a new generation of autopilots, software and ready-to-fly multicopter and fixed-wing UAVs.


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