StirlingX, a British startup using drones to capture data intelligence from complex environments, has extended its seed investment round to $11m (£8.3m).
The company designs and manufactures drones, autonomous systems and data analytics solutions which are deployed across a variety of projects.
Its drones can supposedly analyse the surroundings to provide data-backed decision-making support.
StirlingX said it is currently delivering on several critical national infrastructure projects, with clients including National Grid.
“Completing our seed round marks another significant step in StirlingX’s growth,” said chief executive Dean Jones.
“The confidence shown by our investors allows us to push further and faster in delivering
sovereign, secure technology to partners across critical infrastructure and defence.
“With strong momentum behind us, we are well positioned to scale and deepen our impact across the markets we serve.”
The investment comes after former GCHQ director Sir Jeremy Fleming was appointed as chairman of the company.
“This is another clear signal of StirlingX’s ambition and progress,” Fleming said.
“With world-class technology and a rapidly growing customer base, the company is demonstrating the essential role British innovation can play in securing and enhancing allied capability across critical national infrastructure and defence sectors.”
The firm initially raised seed funding over the summer, with the extended investment being led by the RCM Private Markets Fund, managed by Rokos Capital Management, and with participation from GALLOS Technologies, ONE9 and angels.
