Dronemaker Skydio Announces $170 Million Venture Infusion

The U.S. Army is nearing a production decision for the Skydio X2D quadcopter.
Credit: Skydio
U.S. drone manufacturer Skydio announced March 1 that it has raised $170 million in a Series D funding round led by the Andreessen Horowitz Growth Fund. With the latest infusion, Skydio said it has raised more than $340 million in venture funding and is now valued at $1 billion. The company will use...

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