Drone specialist Skydio valued over $1B in new round
March 1, 2021
Skydio raised a new funding round that values the drone maker at over $1 billion. The Redwood City, Calif.-based company was valued at $423 million in deal last year, according to PitchBook data. In its newest round, Skydio said it raised $170 million in a Series D led by return investor Andreessen Horowitz. Other investors in the deal included Linse Capital, Next47, and IVP.