Skydio soars to a $2.2 billion valuation after raising $230m Series E

Drones are quickly becoming more than a flying selfie cameras. Amid growing geopolitical tensions, drone makers are seeing increased demand and acceptance as drones move farther from consumers’ hands.
Skydio today announced a $230 million series E fundraising round and the construction of a new manufacturing facility in America. The company says it’s seen a 30x growth over the last three years and is now the largest drone manufacturer in the United States. The Series E round was led by Linse Capital, with participation from existing investors Andreessen Horowitz, Next47, IVP, DoCo

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