Friday, December 13, 2024

Voliro has secured $12 million in Series A funding to revolutionize industrial inspections using advanced aerial robotics technology.

  • The startup was backed by Cherry Ventures, supplemented by investments from existing business angels, family offices, and a traditional debt facility.
  • Voliro’s aerial robots excel in precision tasks, revolutionizing industrial inspection and maintenance operations.
  • Voliro’s drones boost security and efficiency by executing perilous tasks at a distance, thereby minimizing human exposure and operational costs.
  • Leading corporations such as Chevron, Holcim, and Acuren are leveraging Voliro’s expertise to conduct critical assessments of inaccessible industrial assets.
  • Voliro’s B2B subscription model provides customers with continuous access to the latest technology, ensuring long-term growth and innovative advancements.

 As the world’s leading innovator in aerial cellular robotics, today announced that it has successfully closed $12 million in Series A funding. Cherry Ventures spearheaded the spherical, bolstered by additional investments from existing venture angels, family offices, and a traditional debt facility. With this fresh infusion of funding, Voliro’s total capital raised now stands at $22 million, poised to accelerate its mission to revolutionize industrial inspection, maintenance, and restoration processes by making them safer, more environmentally sustainable, and cost-efficient.

Headquartered in Zurich, Switzerland, in 2019, Voliro has emerged as a pioneer in developing exceptional aerial robots capable of executing precise tasks in challenging settings. The corporation successfully debuted its inaugural product, a cutting-edge drone featuring a unique tiltable rotor system capable of interacting with surfaces at any angle, positioning it as a valuable tool for industries demanding unwavering security, efficiency, and precision.

Industrial inspections, maintenance, and restoration efforts are often plagued by significant costs, wasted time, and inherent risks. Traditional approaches often necessitate the creation of support structures, employing rope access methods, and mobilizing substantial teams, putting personnel at risk of significant harm. By deploying Voliro’s aerial robots, companies can enjoy a safer and more environmentally sustainable solution, achieving significant reductions in both human exposure to hazardous conditions and operational costs and timelines.

“Timo Müller, Chief Operating Officer and co-founder of Voliro, emphasized the company’s mission: ‘To eliminate the need for people to expose themselves to risk in pursuit of a job.'” “With the aid of our cutting-edge flying robots, we’re not only enhancing the safety of these operations but also reducing their environmental impact and costs.” This new funding enables us to expand our product offerings and share our expertise with more global industries.

Voliro’s expertise is currently leveraged by key industry players, including Chevron, Holcim, and Acuren. Companies are harnessing the potential of Voliro’s aerial robots to perform critical inspections and maintenance tasks on industrial assets such as flare stacks, wind turbines, and other challenging-to-access infrastructure. Voliro’s drones excel at conducting non-destructive testing (NDT) and various contact-based inspections with unparalleled precision, successfully navigating challenging conditions such as strong gusts of wind or uneven terrain.

According to Danny Landry, Acuren’s General Manager and Drone Subject Matter Expert, the company has successfully enabled its clients to conserve both time and funds by leveraging the expertise of Voliro. “Their drones allow for swift inspections, obviating the need for scaffolding and reducing our security vulnerability in the process.”

Voliro operates on a B2B subscription model, offering its expertise as a comprehensive package comprising hardware, software, ongoing updates, training, support, spare parts, and crash insurance. With this cutting-edge mannequin, clients consistently enjoy seamless access to the latest innovations in Voliro’s technology, including updates on newly released drone models as soon as they become available?

“The recurring income from our subscription mannequin permits us to repeatedly put money into R&D and ship high-quality options to our clients,” stated Florian Gutzwiller, CEO of Voliro. “We’re committed to pioneering innovative solutions in aerial robotics, and this latest funding round is a testament to the confidence our investors have in our forward-thinking approach.”

“Revolutionizing industrial inspections, Voliro’s innovative aerial robotics technology sets a new standard by addressing critical safety and efficiency concerns across multiple sectors.” “We’re thrilled to support Voliro’s global expansion, empowering them to pioneer a safer and more environmentally sustainable approach to work at the highest level.”

Voliro’s aspirational vision is clear: to become the universal benchmark for industrial excellence at the pinnacle, where autonomous aerial robots seamlessly manage tasks that currently put humans at risk. For the next decade, the corporation intends to expand its product portfolio, venture into uncharted territories, and redefine industry standards in terms of security, efficiency, and precision, setting a new benchmark globally for industrial operations.


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