Europe’s Recently Funded Drone Startup

There are lot of innovative drone startup that contribute in europen drone startup ecosystem. We have the latest research on funded drone startups right here.

Let's Explore the recent startup that have funded in this industry

AirForestry

AirForestry's innovative technology allows forests to be thinned from the air using high-capacity drones has secured €10.3Million funding . Their approach not only helps reduce carbon dioxide emissions from forestry operations but also enhances the forest's ability to absorb carbon.

Voliro

Voliro is creating advanced flying robots designed to make inspection and maintenance tasks safer more cost-effective and quicker than traditional methods has secured $12Million in funding. With its tiltable rotor system Voliro enhances service drones allowing them to not just fly and observe, but also interact and perform tasks.

Quantum Systems

Quantum Systems is not just a drone maker; we are a company focused on aerial data intelligence has secured €100Million in funding. They provide products that collect data from multiple sensors for government agencies and businesses. Their electric vertical take-off and landing (eVTOL) systems are known for their long flight times, easy operation, and reliability.

Wingtra

Wingtra is a top producer of VTOL drones, based in Switzerland has secured undisclosed amount series B1 round funding. Since launching in early 2017, it has teamed up with over 80 major surveying equipment dealers in more than 50 countries around the world.

Granta Autonomy

Granta Autonomy is a forward-thinking engineering company that specializes in developing and producing unmanned aircraft systems (UAS)has secured $1Mn in funding. as well as components and integrations for intelligence, surveillance, target acquisition, reconnaissance (ISTAR), search and rescue, and loitering munitions.

Unmanned Defence Systems

Unmanned Defense Systems focuses on advanced loitering munitions, battlefield awareness, and swarm technology has secured €3.2Million in funding. They specialize in combining AI-driven drone swarms with modern battlefield management systems (BMS).

AirHub

At AirHub, they provide drone software and consultancy with a team of experts has secured €1 Million in funding. They help organizations set up safe, efficient, and legal drone operations, making it easy for any company to take advantage of drone technology.

Dronamics

Dronamics is creating "The Black Swan," a cutting-edge cargo UAV has secured €10 Million in funding. This fixed-wing, remotely-piloted aircraft can carry up to 350 kg and travel up to 2,500 km, all at a lower cost than any other aircraft available.

Dendra Systems

Dendra is an environmental tech company that leads the way in restoring diverse ecosystems has secured $15.76Million in funding. It revitalizes large areas by merging field ecology with high-resolution images collected remotely, all analyzed through its AI-powered Dendra data platform.

Conclussion

Drone startup may specialize in hardware software or both and aim to solve specific problems or improve efficiency in industries like logistics, agriculture construction and public safety. Many drone startups also explore advanced technologies like AI machine learning and data analytics to enhance their products and services.

The European drone market is projected to be valued at USD 7.32 billion in 2024 and is expected to grow to USD 11.07 billion by 2029, with a compound annual growth rate (CAGR) of 8.62% during this period.