Skydio Secures $1.2 Billion Investment From Axon For Product Innovation And Expansion

Skydio, a U.S.-based drone manufacturer founded in 2014, secured a $1.2 billion investment from Axon at a $5.2 billion pre-money valuation, giving Axon an additional 20% ownership stake. The deal deepens their partnership, with Axon becoming Skydio’s exclusive public safety distributor in the U.S. and Canada, while the funding will support product innovation, expansion and autonomous flight technology. Led by CEO Adam Bry, Skydio serves more than 4,000 agencies and organizations and expects approximately $1 billion in bookings in its current fiscal year.

FOUNDERS: Adam Bry, Abe Bachrach & Matt Donahoe

INVESTOR: Axon

AMOUNT: $1,200,000,000 VALUATION: $5,200,000,000

HQ: San Mateo, California

#VentureCapital #Skydio #AdamBry #Axon #TradedVC