Indoor Robotics, a 2022 RBR50 Robotics Innovation Award winner, raised $15 million in Series A funding. The Israeli company said it will use the funding to continue development of its Tando indoor security drone. The round was led by Pitango and included Target Global, European Innovation Council Fund, and Spider Capital.
Indoor Robotics’ Tando uses multiple sensors and proprietary algorithms to map and navigate any indoor space. Tando docks on the ceiling and can function as a security camera when not in flight. In addition to office buildings, Indoor Robotics said Tando is currently being used to secure and monitor warehouses, data centers, malls, and retail establishments.
“We reimagined what a drone was capable of and combined human-like capabilities with AI tools to enable next-generation security and monitoring,” said Doron Ben David, co-founder, and CEO of Indoor Robotics. “Tando has already been deployed by the world’s leading enterprises and security monitoring companies and is making a tangible impact on safety and security.”
Indoor Robotics said the Series A funding will enable it to move into full production and develop its go-to-market strategy. Tando can also collect thermal imaging data and environmental data, as well as recording temperatures of rooms and identifying leaks.
Indoor Robotics was founded in 2018 by Ben David and Amit Moran. Ben David left his role as CTO of Israel Aerospace Industries’ Space Division when he began to collaborate with Moran, who is the former head of robotics innovation at Intel.
Ben David shared a story on LinkedIn about how the company was nearly shut down.
“We seized the opportunity to increase our investment in Indoor Robotics following the successful launch of Tando™ and the team’s demonstrated ability to surpass critical milestones,” said Rami Kalish, managing partner at Pitango. “Indoor Robotics’ proven capabilities have generated exciting demand from the market, which the investors are excited to facilitate.”
According to Crunchbase, Indoor Robotics’ Seed round closed in January 2019.
Tell Us What You Think!