AirMap Raises $15M Series A To Accelerate Development Of Airspace Management System For Drones


AirMap, startup that provides drone operators with airspace information, has raised $15 million in Series A led by General Catalyst Partners. The round also saw participation from Lux Capital (which led the company’s $2.6 million seed round), Social Capital, TenOneTen Ventures, Bullpen Capital and the Pritzker Group.

“Our commitment is to help make drones a part of everyday life,” said AirMap CEO Ben Marcus in today’s announcement. “We fundamentally believe in the transformational impact of this technology. Thousands of innovators are developing amazing applications for drones, ranging from package delivery and industrial inspection to precision agriculture, and public safety. Building a safe and efficient operating environment for drones helps to take these applications from experimental to mainstream.”

The company also announced that it is adding three new members to its advisory board. These include former Alaska Airlines CEO Bill Ayer, the former CEO of the UK’s National Air Traffic Services Richard Deakin, and Graham Richard, the CEO of Advanced Energy Economy.

Drone companies including 3DR and DJI are already using their services. The company also recently announced a collaboration with some of the U.S.’s largest airports that will allow drone fliers to share the real-time location of their flights with them.

AirMap’s freemium access also serves consumers with a drone hobby, said Bilal Zuberi, a Lux Capital partner and AirMap board member. For example, hobbyists can visit the site to see that temporary flight restrictions are in effect in the Los Angeles area while President Obama is in town on April 8.

“If you didn’t have the AirMap app, you would have to be so in the know to get that notification. If you’re just going to Santa Monica beach to take a picture of your drone with your friends, you probably aren’t in the loop on that,” Mr. Zuberi said.

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