WhiteFox has now raised a total of £20.7m ($26m) after a successful Series A fundind round which bro-ugh an additional $12m into the company.
The company confirmed that additional funding will be used to help with the its customer list both in the U.S. and abroad that includes prisons, power generation, and defense.
Luke Fox, founder and CEO of WhiteFox, commented: “We’re proud to have developed industry-leading technology in drone defense and airspace management and are committed to growing our global presence and continuing to build a diverse customer base. In addition to enhancing existing product lines, we will expand mitigation capabilities, further architecting an ecosystem for safe and beneficial drone operation and protecting against irresponsible or malicious misuse that might threaten the bright future of UAVs.”
WhiteFox president, Mark Kula, added: “Growing demand for our products is leading us to increase our manufacturing capabilities and continue to build out our executive management team.”
WhiteFox is expected to name key leadership roles in the coming weeks.
Steve Beck of Serra Ventures, commented: “We’ve backed WhiteFox because not only is DroneFox a leading product in drone defence, but they’re also crafting a comprehensive drone defence management system. WhiteFox’s WISDM platform offers a real, near-term path to the commercialization of drones.”