Censys Funding 8 Million Series A for BVLOS FIxed Wing

Censys funding

Censys Sentaero BVLOS Fixed Wing

Censys Technologies Raises Over $8M in Series A Funding Round

by DRONELIFE Staff Writer Ian M Crosby

Remote sensing solutions provider Censys Technologies has announced the closing of its Series A Funding Round, which saw the acquisition of $8.3 million in a round that was oversubscribed and only expected to raise $8 million. The round was led by Kirenaga Partners, with additional major investment from Collective Capital Ventures.

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An innovator in the Beyond Visual Line of Sight (BVLOS) Unmanned Aerial Systems (UAS) field, Censys Technologies provides a remote sensing solution that offers a new approach to the way in which aerial information is collected for infrastructure, agriculture, public safety and other use cases.

The acquired funding will aid in Censys’s transition from a drone company to an airborne intelligence company, as well as provide further flexibility in how customers can buy from Censys, allowing for a subscription model that lets customers focus on information specific to their business. Additionally, the funds will help Censys complete its Type Certification, enabling its drones to fly over buildings and roadways without special permissions.

“This Series A takes us a big step closer to bringing a wiser world into existence,” said Censys Technologies CEO and Co-Founder Trevor Perrott. “It all ties back to our mission of enriching lives through technology because we believe the cornerstone of value creation is knowing the quantity, quality, location and history of its assets. Once you know that, it is easier to understand and envision how to employ those assets to create value.”

“After leading Censys’ seed round, Kirenaga is thrilled to lead their Series A funding,” said David Scalzo, Kirenaga Partners Founder and Managing Partner. “This new round will help expand their manufacturing capacity and continue their advancements in imaging, data processing and machine learning. In the rapidly growing drone and imaging marketplace, Censys continues to be one of the industry leaders.”

“We are very bullish on the direction of Censys,” said Clay Corman, Managing Partner at Collective Capital. “Trevor has assembled a smart and motivated team who are customer-centric with everything they do, and we are eager to see what they can accomplish.”

Read more about Censys Technologies:

Ian attended Dominican University of California, where he received a BA in English in 2019. With a lifelong passion for writing and storytelling and a keen interest in technology, he is now contributing to DroneLife as a staff writer.

 



https://dronelife.com/2022/07/06/censys-funding-over-8-million-in-series-a-for-bvlos-fixed-wing-drone/

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