- Published: 23 December 2019 23 December 2019
SkySpecs has announced that it's closed a US$ 17 million series C round. The company experienced a growth year, tripling its staff, building out its solutions offerings for the wind energy industry, and reaching the number 30,000 fully autonomous inspections.
The round was led by McRock iNFund LP, an Industrial Internet of Things (IIoT) venture capital fund managed by McRock Capital. Other new investors in the round included Equinor Energy Ventures, and Evergy Ventures, the non-regulated investment affiliate of Evergy, the parent company of Kansas City Power & Light Company (KCP&L) and Westar Energy, alongside participation by existing investors including Statkraft Ventures, UL Ventures, Capital Midwest Fund, and Venture Investors .
The capital infusion will support several initiatives including doubling the team in both the USA and Europe, continuing to develop the functionality of Horizon, their asset management solution.