Voliro secures $12M in Series A funding to transform industrial inspections with aerial robotics – sUAS News

• The round was led by Cherry Ventures, with additional investment from existing business angels, family offices, and a conventional debt facility.
• Voliro’s aerial robots perform precision tasks at height, transforming industrial inspection and maintenance.
• Voliro’s drones enhance safety and efficiency by remotely performing hazardous tasks, reducing human exposure and operational costs.
• Industry leaders like Chevron, Holcim and Acuren are adopting Voliro’s technology for critical inspections of hard-to-reach industrial assets.
• Voliro’s B2B subscription model provides customers with continuous access to the latest technology, ensuring sustainable growth and innovation.

Zurich, Switzerland – October – Voliro, a leading innovator in aerial mobile robotics, today announced that it has secured $12 million in Series A funding. The round was led by Cherry Ventures, with additional investment from existing business angels, family offices, and a conventional debt facility. This new funding brings Voliro’s total capital raised to $22 million and will accelerate the company’s mission to make industrial inspection, maintenance, and repair work at height safer, more efficient, and cost-effective.

Founded in 2019 and headquartered in Zurich, Switzerland, Voliro has been at the forefront of developing advanced aerial robots designed to perform precision tasks in challenging environments. The company launched its first product in November 2022, a drone equipped with a unique tiltable rotor system that allows it to interact with surfaces at any angle, making it an invaluable tool for industries where safety, efficiency, and precision are paramount.

Industrial inspection, maintenance, and repair work at height is inherently dangerous, expensive, and time-consuming. Traditional methods often require building scaffolds, using rope access, and deploying large workforces, exposing workers to significant risks. Voliro’s aerial robots provide a safer and more efficient solution by performing these tasks remotely, significantly reducing the need for human exposure to hazardous conditions while also cutting down on costs and time.

“Our mission is to eliminate the need for people to be exposed to risk for any work at height,” said Timo Müller, COO and co-founder of Voliro. “With our advanced flying robots, we’re not only making these operations safer but also more efficient and cost-effective. This new funding will enable us to expand our product offerings and bring our technology to more industries globally.”

Voliro’s technology is already being utilised by major industry players, including Chevron, Holcim and Acuren. These companies are leveraging Voliro’s aerial robots to perform critical inspections and maintenance on industrial assets such as flare stacks, wind turbines, and other hard-to-reach infrastructure. Voliro’s drones are capable of conducting non-destructive testing (NDT) and other contact-based inspections with unmatched precision, even in challenging conditions like high winds or on sloped surfaces.

“We’ve been able to save our customers significant time and money by using Voliro’s technology,” said Danny Landry, General Manager and Drone SME at Acuren. “Their drones allow us to perform inspections much faster than traditional methods that require scaffolding, all while reducing our safety exposure.”

B2B subscription model for sustainable growth

Voliro operates on a B2B subscription model, offering its technology as a comprehensive package that includes hardware, software, continuous updates, training, support, spare parts, and crash insurance. This model ensures that customers always have access to the latest advancements in Voliro’s technology, including upgrades to new drone models as they are developed.

“The recurring revenue from our subscription model allows us to continually invest in R&D and deliver high-quality solutions to our customers,” said Florian Gutzwiller, CEO of Voliro. “We’re committed to pushing the boundaries of what’s possible in aerial robotics, and this funding round is a testament to the confidence our investors have in our vision.”

“Voliro is setting a new standard in industrial inspections with its innovative aerial robotics technology, which addresses critical safety and efficiency challenges across multiple industries,” said Christian Meermann, Partner at Cherry Ventures. “We are excited to support Voliro as they scale their impact globally, bringing a safer and more efficient approach to work at height.”

Voliro’s long-term vision is clear: to become the global standard for industrial work at height, where autonomous flying robots handle all tasks that currently expose humans to risk. Over the next decade, the company plans to expand its product capabilities, enter new markets, and set new benchmarks in safety, efficiency, and precision for industrial operations worldwide.