Beyond Vision Raises More Than €28 Million to Scale Drone Production
Beyond Vision raised more than €28 million in a funding round co led by Índico Capital Partners and Lince Capital, according to Tech.eu. Existing shareholder ActiveCap also participated.
The Portuguese company makes AI powered drones and cloud based management platforms for military and civilian customers. Founded in 2013, it is a registered NATO supplier and employs 150 people.
Beyond Vision will use the funding to increase industrial production, strengthen its operational infrastructure and expand into new international markets. It will also invest in research and development, including AI algorithms and new functions for its cloud management platform.
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