Fotokite secures 10 million francs in capital

Zurich – Fotokite has raised 10 million Swiss francs in its latest Series B financing round. With these funds, the company aims to further internationalize the markets for its aerial reconnaissance system for emergency response teams. Research and development are also to be strengthened.

The Zurich-based company Fotokite has raised 10 million Swiss francs in a Series B financing round. It was led by the Hamburg-based investment company Carbyne Equity Partners. Existing investors such as the Private Equity Growth I fund of Swisscanto, the asset management company of the Zürcher Kantonalbank Group, and Credit Suisse Entrepreneur Capital Ltd. have also participated.

With this latest financing, Fotokite has consolidated its position as a leading provider of wired drone technology for emergency services, according to a company statement. This system would circumvent the safety problems and regulatory hurdles associated with conventional drones. Now Fotokite wants to expand its customer base in the public safety sector. Additional product features are also to be developed and operations expanded. The company is already represented on six continents.

The Fotokite Sigma system consists of a ground station that is mounted on the roof of an emergency vehicle. According to the information, it is provided at the touch of a button. Within seconds, the teams can access aerial images of their deployment site up to a height of 45 meters.

"This investment underlines the confidence in our vision and the value of our autonomous solutions for emergency services," Bart Slager, CEO of the company founded in 2016 as Perspective Robotics and renamed in 2023, is quoted as saying. "With our expanded resources and global reach, we are able to make an even greater impact by helping emergency response teams save lives." ce/mm

View full article