Inpex and Nanto CVC have backed a $14.3m round for the drone services company, which has itself already conducted corporate venturing deals.

Japan-based unmanned aerial vehicle (UAV) software developer Terra Drone received ¥1.51bn ($14.3m) in series A funding today from oil and gas supplier Inpex and financial services firm Nanto Bank.

The bank took part through its corporate venturing unit, Nanto CVC. The round also included debt supplied by multiple unnamed financial institutions.

Founded in 2016, Terra Drone provides commercial drone services including aerial inspections for infrastructure, thermal mapping and UAV data processing for various industries.

Details about Terra Drone’s earlier funding…

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.