Flyability adds CHF 15 million in new funding led by SBI Investment, with participation from Cargill, Verve Ventures, and existing investors, bringing total round size to CHF 22 million

**Lausanne, Switzerland, September 7, 2022—Flyability, the pioneering indoor inspection drone company, announced today that it has secured an additional $15 million in Series C funding, bringing the total raised to $22 million. This round follows the company's initial $7 million closure earlier this year.** Led by Japan-based SBI Investment, the funding round also welcomed new investors such as Cargill and Verve Ventures. Existing backers like Dow, ETF Partners, Swisscom, and Future Industry Ventures also joined in, reinforcing their confidence in Flyability's trajectory. Yoshitaka Kitao, the Representative Director, Chairman, and President of SBI Investment Co., Ltd., expressed his excitement: "Following Flyability's impressive growth since its last funding round, we're thrilled to support such an innovative business. Their progress over the past year has been remarkable, and we're eager to contribute to their continued success." Patrick Thévoz, co-founder and CEO of Flyability, shared his enthusiasm: "Closing this oversubscribed round is a testament to the strong demand for our products. With nearly a thousand customers worldwide and offices in the USA, Singapore, China, and Switzerland, we're seeing incredible momentum. Our latest product, Elios 3, has been a game-changer, driving rapid expansion across multiple industries." Cargill and Dow, two of Flyability's early adopters, have integrated the company's inspection technology into their operations to enhance worker safety and streamline inspections. Julian Chase, Head of Business Operations & Supply Chain at Cargill, emphasized the importance of safety: "Our commitment to eliminating hazards remains unwavering. Partnering with Flyability aligns perfectly with our mission to provide a safer work environment." Marty Robinson, Global Robotics Technology Leader at Dow, highlighted Flyability's technological advancements: "Elios 3 represents a leap forward in inspection capabilities. By integrating new sensors and expanding its applications, Flyability is helping us achieve our sustainability and safety goals." Founded in 2014 by Patrick Thévoz and Adrien Briod, Flyability focuses on delivering drone-based solutions to industries such as mining, energy, power generation, and maritime. Its technology minimizes risks for inspectors while reducing downtime, offering significant cost savings. The Series C funding will fuel further innovation in the Elios 3 platform, enhancing its adaptability and autonomy to meet diverse industry needs. As Patrick Thévoz noted, "We're closer than ever to achieving our vision of eliminating human exposure to hazardous environments." --- **About Flyability** Flyability revolutionized confined space inspections with drones, enabling remote data collection in dangerous environments. Since its founding in 2014, Flyability has grown into a trusted provider of inspection solutions, serving nearly 1,000 clients across 60 countries. Offices in Switzerland, China, Singapore, and the U.S. support industries ranging from energy to infrastructure. For more information, visit [www.flyability.com](http://www.flyability.com) or follow @fly_ability. **Contact:** [Email], +41 21 311 55 00 --- **About SBI Investment Co., Ltd.** SBI Investment is a leading Japanese venture capital firm, investing in transformative technologies like 5G, IoT, and blockchain. Its portfolio reflects a commitment to shaping the future of industries. **About Cargill** Cargill empowers the global food system, fostering innovation and sustainability. With a legacy spanning 157 years, Cargill prioritizes safety, responsibility, and community engagement. **About Verve Ventures** Verve Ventures, based in Switzerland, supports science and tech startups across Europe. Founded in 2010, the firm now manages over 150 investments, helping startups scale with tailored resources. To learn more, visit [verve.vc](http://verve.vc). --- This announcement marks another milestone in Flyability's journey toward safer, smarter industrial inspections.

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