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SkyfireAI Secures $11 Milli...

Updated Apr 28, 2026

SOLD

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

Brian Davidson

SkyfireAI

Buyer

$3.3M

vol

2 deals

Buyer
SkyfireAI
SkyfireAIBuyer

Market CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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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

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