Indoor Robotics raised $15 million in Series A funding

Indoor Robotics is a company that specializes on indoor drone technology. They just launched the TandoTM drone.

Pitango was the leader of the round that included Target Global and the European Innovation Council Fund as well as Spider Capital.

Doron Ben David, Amit Moran and Amit Moran founded Indoor Robotics in 2018.

Ben David had left his position as CTO of Israel Aerospace Industries’ Space Division when he began to collaborate with Moran, the former Head of Robotics Innovation at Intel.

They focused their efforts on drones in an effort to outperform humans.

They realized drones were great security. This company, with a 300 percent staff turnover rate, has a tendency to weariness, human error, and pays minimum wage for guards charged with protecting valuable assets.

Indoor Robotics’ TandoTM uses a variety of sensors and its own algorithms to map and navigate indoor spaces. This allows it to go autonomously above and around any objects along its route and helps it monitor and protect large areas.

Indoor Robotics co-founder and CEO Doron Ben David remarked, “We redefined what a drone might achieve and merged human-like capabilities with AI tools to allow next-generation surveillance and monitoring.” “Tando has already been adopted by some of the world’s most prestigious businesses and security monitoring firms, and it is having a real influence on safety and security.”

TandoTM can dock on the ceiling as a surveillance device when it’s not in flight. It is used to monitor and protect warehouses, data centers and malls as well as office buildings.

This funding will allow Indoor Robotics to go into production and create its go-tomarket strategy. “Following the successful launch of TandoTM and the team’s shown capacity to achieve crucial milestones,” Rami Kalish, managing partner at Pitango, stated, “we grabbed the opportunity to increase our commitment in Indoor Robotics.” “The market’s excitement for Indoor Robotics’ demonstrated capabilities has produced exciting demand, which the investors are eager to facilitate.”

Indoor Robotics can now accelerate product development and offer intelligent indoor security to people around the globe with this round.

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