HTGF invests in drone start-up FairFleet and targets growth

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FairFleet, a Munich-based drone start-up, is taking its business to the next stage after securing a vital investment.

The company received an undisclosed amount of funding from High-Tech Gründerfonds.

Led by CEO Florian Waubke, FairFleet provides a destination for drone services covering the entire value chain from booking, airspace approval, pilot management, aerial survey to data analysis.

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It has over 1,600 verified and professional pilots in over 42 countries.

The company operates its services in industries such as real estate, insurance, energy, agriculture and large infrastructure projects.

Waubke said: “In a holistic approach, we take away from our customers all the complexity associated with drone flights and the potential legal uncertainties. With increasingly standardised products, we would like to continuously expand the potential uses of drones. ”

Dr. Olaf Joeressen of High-Tech Gründerfonds, added: “Transforming a complex product into a simple service has often been the starting point for exponential growth and large companies. I believe FairFleet, as a full-service provider, is perfectly positioned to generate such growth, becoming the market leader in Europe and beyond. “

Tags : High-Tech GründerfondsHTGF
Emma Calder

The author Emma Calder

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