Dronetech startup UrbanMatrix raises pre-Series A round

HomeStartupDronetech startup UrbanMatrix raises pre-Series A round

Published on

October 26, 2023

UrbanMatrix Technologies, a drone tech startup, has raised Rs 6 crore in a pre-series A funding round led by Inflection Point Ventures.
The funds will be used for product development, team expansion, and entering new markets.
UrbanMatrix specializes in industrial drones and software for various applications, including surveys, surveillance, agriculture, AI-aided inspections, and defense.
The company offers quantum encryption technology and cloud integration for data safety and ease of use.
UrbanMatrix has partnerships with organizations like ISRO and holds certifications such as DGCA’s Type Certification for its advanced 4G/5G-enabled drone, UMT Hawk4G