Flyability closes second round of investment

13.11.2015 13:30

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After a first round completed in January 2015, Flyability SA, based in Lausanne, Switzerland is proud to announce the completion of its second Seed Funding round.

All previous shareholders, individual investors with a broad experience in building and growing companies as well as Go Beyond Investing participated in this new round. In addition, MKS Alternative Investments joined the round, and partner Laurent Haug says that "Flyability is one of the most interesting Swiss company we have ever come across, it has the potential to make an impact on the global scene with a product that will change how some of the world's largest and most critical organizations operate".

Since its creation, Flyability has attracted over 2.5 million CHF to bring to the market a new generation of safe drones for the inspection, exploration and reconnaissance of complex environments. Today a team of over 15 engineers, Flyability has developed the first collision-tolerant drone, which can fly in contact with structures, and which is safe to fly close to humans.

Winner of the 1M USD “UAE Drones for Good Award” in 2015, Flyability is also supported by Swiss FIT and W.A. de Vigier Foundations, Venture Kick and the NCCR Robotics.

The company has been already shipping prototypes to its first customers since April 2015, mainly focusing on industrial inspection in the energy and transport infrastructure industries, as well as first responders such as firefighters, police forces, and search & rescue professionals.

“This round brings Flyability the resources needed to launch its first professional product to the market, which will be available in 2016”, Patrick Thévoz, co-founder and CEO of the company.

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Much interest in Swiss start-ups