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New Deal


Announced

Completed

Andreessen Horowitz led a $170m Series D funding round in Skydio.

Financials

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Transaction Value£121m
Consideration TypeCash
Capital Owned-
Capital Bid For17%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Friendly

Acquisition

Aerospace

drones

autonomous flight technology

United States

Venture Capital

Private Equity

Completed

Minority

Domestic

Synopsis

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Andreessen Horowitz, a venture capital firm, led a $170m Series D funding round in Skydio, a drone manufacturer. The round was joined by Linse Capital, Next47, IVP and UP.Partners. “The initial wave of hype around enterprise drones passed many years ago, but we’re now seeing these markets really mature. Autonomy is the key for drones to reach scale, and Skydio has established themselves as the defining company in this category. We’re excited to continue to invest in this magical combination of breakthrough technology, rapid growth, and an incredible team in a market that’s going through an inflection point,” David Ulevitch, Andreessen Horowitz General Partner.

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