Delair-Tech said that, with USD14.5 million in fundraising, it will continue its international expansion by opening two subsidiaries, one in the United States, another in Australia.
The company received its USD14.5 million, primarily from the investment company AndromÃ¨de, which now becomes the company´s largest investor.
BPI (Banque Publique d´Investissement) has also granted a loan to Delair-Tech to support its acceleration strategy.
With this investment, Delair-Tech now has the means to conduct its 2016 strategic development plan: to accelerate its global expansion significantly in 2016 in order to operate on all five continents and to develop local service relationships with clients, especially major accounts abroad.
Delair-Tech is already present in the Australian market with a subsidiary created in January 2016. Another subsidiary is expected to be opened in the US in the second half of 2016 and plans for a Chinese subsidiary are also underway.
Delair-Tech, a provider of professional drones, supports corporate decision-making with its long-range drones and unique processing of their images. Founded in 2011 by four engineers, the Toulouse start-up provides unrivalled professional data, collected and analysed by the only drones in the world which are certified for flight operations out of the sight of the pilot.