Belgian UTM system company Unifly has raised a total of EUR14.6 million (USD16.8 million) in a B-round, bringing the total invested capital so far to EUR21 million (USD26.5 million). Investors in this new round of financing include the existing shareholders QBIC, PMV, Terra Drone and the management, as well as the Deutsche Flugsicherung (DFS), the German national air navigation service provider.
According to the Unifly: “The proceeds will be used to continue to develop the software and to establish an international sales and support organisation to solidify our position as the global leader in Unmanned Traffic Management (UTM).”
Marc Kegelaers, CEO of Unifly said: “A few years ago, we decided to develop our UTM platform to be very robust and scaleable so that it could serve as the foundation of the strategic infrastructure needed to enable the drone services industry. The fact that the Deutsche Fluchsicherung – the National ANSP of Germany who has been working with our software for the last two years – participates in this round and becomes an important shareholder of Unify is testimony to the success of our strategy.”