Next47 led a $100m Series C round in Skydio.

Next47, a global venture firm, led a $100m Series C round in Skydio, a US-based drone manufacturer, with participation from Levitate Capital, NTT DOCOMO Ventures, and existing investors including Andreessen Horowitz, IVP, and Playground. "The drone market has reached a critical mass of commercial revenues and top-down buying behaviors, solidifying our thesis that now is the right time to invest. Skydio has what we firmly believe is the best autonomy stack in the world. While their innovation is in the software, they also developed the hardware to create an integrated product that fully capitalizes on autonomous capabilities. We’re excited to be a key partner in their growth," T.J. Rylander, Next47 General Partner.