ZURICH, Switzerland – Fotokite AG, a Swiss and US-based scale-up making absolutely autonomous tethered
UAVs for firefighting and public security groups, proudly pronounces the profitable closure of its newest Sequence B financing spherical. The corporate has secured round CHF 10 M ($ 11 M) funding to additional speed up its development, bolster its R&D and develop its operations globally.

Carbyne Fairness Companions, a personal fairness agency that invests in rising European companies, led Fotokite’s financing spherical with present buyers together with Swisscanto Non-public Fairness Development I, and Credit score Suisse Entrepreneur Capital Ltd.

“Fotokite’s differentiating expertise and completed administration workforce completely align with our funding necessities. Therefore, we’re delighted to accompany the worldwide commercialization and steady technological improvement of Fotokite’s merchandise as a way to present first responders with gear that’s worthy of their vital missions”
— Markus Petersen, Managing Companion Carbyne Fairness Companions

With this latest funding, Fotokite has solidified its place because the premier supplier of actively-tethered drone expertise for emergency response groups. The corporate’s modern options, which have been well known for his or her effectiveness and reliability in vital situations empower first responders with superior aerial capabilities to boost situational consciousness, streamline search and rescue operations, and save lives in vital conditions.

The latest funding permits Fotokite to develop its public security buyer base, meet new market alternatives, develop further product options, and scale up operations. Fotokite’s enlargement efforts have led to a major enhance in its presence with operations now spanning throughout six continents.
“We’re thrilled to announce the profitable completion of our newest funding spherical, which marks a major milestone for our firm,” mentioned Bart Slager, CEO of Fotokite. “This funding underscores the boldness in our imaginative and prescient and the worth of our autonomous options for first responders. With our expanded assets and world attain, we’re poised to make a fair higher affect in serving to emergency response groups save lives and defend communities all over the world.”

For extra details about Fotokite and its revolutionary drone options for first responders, go to www.fotokite.com

About Carbyne: Carbyne Fairness Companions is a European personal fairness agency that invests in rising companies with robust market positions and glorious management. Carbyne’s focus sectors are safety expertise, agricultural expertise, healthcare and diet. The operational expertise of the workforce mixed with entry to firsthand business experience and an intensive community to help expansions, makes Carbyne a novel companion.

For extra data, please see www.carbynepartners.de

About Swisscanto and the Swisscanto Non-public Fairness Development Fund: Swisscanto is the asset administration arm of the Zürcher Kantonalbank group, one in every of Switzerland’s largest fund suppliers, growing high-quality funding and pension options for personal buyers, corporations and establishments. The Swisscanto Non-public Fairness Development Fund offers capital to corporations within the enlargement section energetic within the data, communication, expertise (ICT) in addition to within the healthcare sectors, primarily in Switzerland and opportunistically overseas. The Swisscanto Non-public Fairness Development Fund goals at creating added worth through the market penetration by supporting its portfolio corporations with capital, know-how and entry to worldwide companions for additional enlargement till a profitable exit.

For extra data go to Swisscanto site www.swisscanto.com

About Credit score Suisse Entrepreneur Capital Ltd.: Credit score Suisse Entrepreneur Capital Ltd is a 100% subsidiary of Credit score Suisse AG, a UBS Group firm, offering small and medium-sized enterprises in addition to younger corporations with development capital. Since its basis in 2010, CSEC has invested in over 60 Swiss corporations.