Indoor Robotics is an indoor drone technology startup that just launched the Tando drone. The company announced that they have closed a $15 Million Series A funding. This funding allows the company to expand product development and offer intelligent indoor security globally.
Pitango was the leader of the round and it included Target Global and European Innovation Council Fund. Spider Capital also participated in the funding round.
Robotics engineers have struggled for years to develop an autonomous indoor security system. Although some ground-based robots can be purchased commercially, they are not capable of protecting an entire area.
Indoor Robotics’ Tando uses multiple sensors and proprietary algorithms to accurately map and navigate in any indoor space, allowing it to autonomously navigate above or around any items in its path, enabling it to secure and monitor large areas.
“We reimagined what a drone was capable of and combined human-like capabilities with AI tools to enable next-generation security and monitoring,” said Doron Ben David, co-founder and chief executive of Indoor Robotics.
“Tando has already been deployed by the world’s leading enterprises and security monitoring companies and is making a tangible impact on safety and security.”
When the drone is not in flight, it docks on the ceiling to act as a security camera. It is being used by well-known companies to monitor and secure warehouses, data centers, malls and retail establishments.
Tando has a new strategy to go to market
Indoor Robotics will have the funds to start production and refine its go-tomarket strategy.
“We seized the opportunity to increase our investment in Indoor Robotics following the successful launch of Tando and the team’s demonstrated ability to surpass critical milestones,” said Rami Kalish, managing partner at Pitango. “Indoor Robotics’ proven capabilities have generated exciting demand from the market, which the investors are excited to facilitate.”
Tando is able to drive significant safety and operational improvement in addition to its security functions. It can collect thermal imaging data as well as environmental data. It can also be used to identify areas that need attention and enable preventive maintenance.
Indoor Robotics was founded by Doron Ben David, and Amit Moran in 2018. Ben David had left his role as CTO of Israel Aerospace Industries’ Space Division when he began to collaborate with Moran, former Head of Robotics Innovation at Intel.
They focused their attention on drones in search of areas that could outperform human beings. They realized that drones could be used for security. Security is an industry that has a 30% turnover in employees and which pays minimum wages to the guards who are charged with protecting valuable assets.
The drone is said to be in line with the company’s mission to boost the quality of life by enabling a seamless, comfortable indoor experience through task-oriented robots.