SkyfireAI Secures $11 Million In Seed Funding Led By Mucker Capital For Drone Operations Development
Building Size
—
Asset Type
—
Closing
Apr 28, 2026
About this deal
AI
SkyfireAI, an autonomous drone startup based in Huntsville, Alabama, has raised $11 million in seed funding to accelerate its AI-native platform for coordinated multi-drone operations aimed at public safety and defense applications. The round was led by Mucker Capital, with participation from AI Fund, SaaS Ventures, Halogen, Harvard Business School Alumni Angels, and New York Angels.
Summary of transaction details:
- Deal Type: Seed
- Transaction Amount: $11,000,000
- Company Name: SkyfireAI
- Headquarters: Huntsville, Alabama
- Founders: Don Mathis, Eric Malawer, Brian Davidson, Matt Sloane
- Notable Investors: Mucker Capital, AI Fund, SaaS Ventures, Halogen, Harvard Business School Alumni Angels, New York Angels
SkyfireAI is focused on developing software that enables operators to manage outcomes across multiple simultaneous drone missions, addressing needs in areas such as emergency response, search and rescue, and critical-incident monitoring. The company is co-founded and led by CEO Don Mathis, who emphasizes the importance of its platform for enhancing operational oversight throughout the full mission lifecycle.
Players
Market CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Deal FAQ
Browse this market sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93