The drone technology provider received support from Mitsui, Seika, Kyushu Electric and Tokyu Land to bring its total funding to over $84m.
Japan-based drone software developer Terra Drone secured $70m on Tuesday in a series B round featuring conglomerate Mitsui, mechanical equipment producer Seika, energy utility Kyushu Electric and property developer Tokyu Land.
The participants were filled out by SBI Investment, a subsidiary of financial services provider SBI, as well as Japan Overseas Infrastructure Investment Corporation and Venture Labo Investment, the last billed as an existing backer.
Terra Drone provides hardware and software for industrial unmanned aerial vehicles, for use in surveying,…
Fernando Moncada Rivera
Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
