Fotokite secures $11 million in Series B funding to enhance emergency response drone technology

Fotokite, specializing in actively tethered uncrewed aerial vehicles (UAVs) for firefighting and public safety, has announced the success of its Series B financing round, securing approximately Swiss Fr10 million (US$11 million).

Carbyne Equity Partners, a private equity firm that invests in growing European businesses, led Fotokite’s financing round with existing investors including Swisscanto Private Equity Growth I, and Credit Suisse Entrepreneur Capital.

Markus Petersen, Managing Partner at Carbyne Equity Partners, stated: “Fotokite’s differentiating technology and accomplished management team perfectly align with our investment requirements. We are delighted to accompany the international commercialization and continuous technological development of Fotokite’s products.”

Fotokite’s technology provides first responders with enhanced aerial capabilities to improve situational awareness, streamline search and rescue (SAR) operations, and save lives. According to the company, the funding will enable it to broaden its public safety customer base, meet new market opportunities, develop additional product features, and scale operations. With Fotokite now operating on six continents, the investment could indicate significant global expansion.

Bart Slager, CEO of Fotokite, commented: “With our expanded resources and global reach, we are poised to make an even greater impact in helping emergency response teams save lives and protect communities around the world.”

Drone trials recently began between the Channel Islands above Jersey’s northern coast using drones to deliver critical medical supplies and assist with SAR and fisheries patrols.