Unifly NV, provider of the world’s leading unmanned traffic management (UTM) software for drone enablement, has completed a €17m Series B capital raise bringing in investors including Deutsche Flugsicherung (DFS - the national air traffic control authority of Germany) and FPIM (sovereign wealth fund of Belgium).
Unifly's most recent investor is Belgium's Federal Holding and Investment Company (SFPI-FPIM). FPIM centrally manages the federal government’s shareholdings, cooperates with the government on specific projects and pursues its own investment policy in the interests of the Belgian economy. It acquires equity in companies that are of strategic importance.
Existing investors Terra Drone (drone solution provider in Japan), QBIC and PMV (Belgian early stage investors) also participated in the round. Bryan, Garnier & Co., Europe’s growth investment bank, advised Unifly on this transaction.
Unifly is the leading provider of UTM software worldwide, enabling the tracking and management of drones alongside commercial aviation in order to provide visibility on where drones can fly, request and provide flight approvals, manage potential conflicts and implement regulations including no-fly zones.