- 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