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French_fr-FR Airspace Link completes a $23M Series B Round, led by Avanta
Airspace Link completes a $23M Series B Round, led by Avanta Ventures, to accelerate the safe integration of drones
DETROIT, June 22, 2022
— (PRNewswire) —Airspace Link Inc, a leading provider of
drone safety software and data solutions, announced the completion
of a $23M Series B capital raise led byAvanta Ventures[1] with new investment
fromMorningside[2],Caprock,[3]and follow-on investment
fromAltos Ventures[4],Indicator Ventures[5],2048 Ventures[6], Detroit Venture Partners[7], andThales Group[8].
Founded in 2018 in Detroit, Michigan, Airspace Link has seen rapid growth over the past few years, as it drives the industry forward in safely integrating drones into communities at scale. The company has raised a total investment of $37M, expanding its impact and value for partners and customers exponentially in the past year alone. The team has put that capital to work, rapidly expanding products and services while growing from 17 employees to near 50.
"Drones are an exciting new form of mobility, with advanced hardware now available at scale. Airspace Link provides the safety infrastructure for drones, focusing on the precise data, software, and analytics required to support scalable operations. Airspace Link's products and services, through the AirHub® Platform, are utilized in...