Verity, a Zürich, Switzerland-based autonomous indoor drone company, raised additional $11M in Series B funding.
The round was led by A.P. Moller Holding, with participation from Qualcomm Ventures, Exor Ventures, Fontinalis Partners, Airbus Ventures, Sony Innovation Fund, ROBO Global Ventures and Verve Ventures.
The company intends to use the funds to expand its business reach to provide its clients with data-driven intelligence and inventory management solutions powered by self-flying drones.
Led by Founder and CEO, Raffaello D’Andrea, Verity delivers fully autonomous indoor drone systems used in warehouses to gather insights that enable operational efficiencies. By combining fully autonomous drone technology with advanced data analytics, the company’s platform enables clients to benefit from real-time visibility and precise control over their inventory, driving operational efficiencies, cost savings, and reductions in CO2 emissions.
Verity has installations across 13 countries.
in March 2023, the company had announced the $32m first close of the Series B.
FinSMEs
11/07/2023