Funding

Voliro funding news – Zurich-based Voliro secures $12Million in Series A Round Funding

Oct 4, 2024 | By Team SR

Voliro funding news - Zurich-based Voliro secures $12Million in Series A Round Funding

Voliro, a pioneer in robotic aerial inspections, has secured $12 million in series A round funding. Their advanced drones aim to make industrial operations safer and more efficient through cutting-edge aerial technology. Cherry Ventures led the funding round, setting Voliro on a course to expand into new markets and industries.

SUMMARY

  • Voliro, a pioneer in robotic aerial inspections, has secured $12 million in series A round funding.
  • Voliro is revolutionizing the field of Inspection and Maintenance tasks with its advanced flying robots.

For industries dependent on inspecting high-risk infrastructure such as flare stacks, wind turbines, or sloped surfaces, it's aerial robots provide a vital solution. These drones eliminate the need for scaffolding, ropes, and human exposure to hazardous conditions. It's technology not only reduces risk but also cuts costs and minimizes downtime.

Danny Landry, General Manager and Drone SME at Acuren said, “We’ve been able to save our customers significant time and money by using Voliro’s technology, Their drones allow us to perform inspections much faster than traditional methods that require scaffolding, all while reducing our safety exposure.”

Their drones, featuring a unique tiltable rotor system, excel in non-destructive testing and contact-based inspections with unparalleled precision. These drones can operate at any angle, making them perfect for industries prioritizing operational efficiency and safety.

In addition to cutting-edge technology, it adopts an innovative B2B subscription model. This approach offers clients continuous access to drones, software, updates, training, and crash insurance. Not only does it keep customers updated on the latest advancements, but it also ensures a steady stream of recurring revenue for Voliro, fueling further research and development.

Florian Gutzwiller, CEO of Voliro said, “The recurring revenue from our subscription model allows us to continually invest in R&D and deliver high-quality solutions to our customers, We’re committed to pushing the boundaries of what’s possible in aerial robotics, and this funding round is a testament to the confidence our investors have in our vision.”

Timo Müller, COO and co-founder of Voliro said, “Our mission is to eliminate the need for people to be exposed to risk for any work at height, With our advanced flying robots, we’re not only making these operations safer but also more efficient and cost-effective.”

Voliro, The company's long-term vision is to establish the global standard for industrial work at height by utilizing flying robots to handle tasks that currently pose risks to humans. Over the next decade, it aims to advance its aerial robotics technology, enter new markets, and elevate safety and efficiency standards in industrial operations worldwide.

With a recent capital infusion, it is poised to emerge as a frontrunner in the fast-expanding realm of aerial robotics. This strategic move is set to revolutionize how industries approach safety and precision in inspection and maintenance activities.

Christian Meermann, Partner at Cherry Ventures said, “Voliro is setting a new standard in industrial inspections with its innovative aerial robotics technology, which addresses critical safety and efficiency challenges across multiple industries, We are excited to support Voliro as they scale their impact globally, bringing a safer and more efficient approach to work at height.”

About Voliro

Voliro is revolutionizing the field of Inspection and Maintenance tasks with its advanced flying robots. The company's innovative tiltable rotor system elevates service drones from "fly and see" to "fly, see and touch". Meet Voliro T, the flying robot that can be customized with various payloads like Non-Destructive Testing (NDT) or Lightning Protection System (LPS) sensors.

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