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Skydio secures a $1.2 billion investment from Axon to enhance its technology and expand its autonomous drone capabilities.

PRIVATENov 09, 2026

Amount Raised

$1.2 Billion

Round Type

Venture

San MateoManufacturingInformation Technology

Investors

Axon

Description

Skydio, based in San Mateo, CA, has received a $1.2 billion investment from Axon. The funds will be utilized to accelerate Skydio's technology roadmap and scale its impact in public safety. Skydio focuses on AI-driven autonomous drones designed for various sectors. The company aims to improve drone applications, including Drone as First Responder programs.

Who else raised in Manufacturing around the same time

Companies in the same sectors as Skydio that raised within 45 days of this round, from Fundz verified event records.

  • Lucid Group raised $400M (Debt Financing) on October 9, 2026.
  • SINPRO Intelligent Technology raised $15M (Series B) on November 13, 2026.
  • XTPL raised $6.5M on November 13, 2026.
  • Gama raised $17M (Seed) on November 12, 2026.
  • SkyDrive & F&E Aircraft Maintenance (Miami) (FEAM Aero) raised an undisclosed amount on November 12, 2026.
  • Biomatter raised $18M (Series A) on November 12, 2026.

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Company Information

Company

Skydio

Location

San Mateo, California, United States

About

The company says it’s seen a 30x growth over the last three years and is now the largest drone manufacturer in the United States. In a released statement, Skydio co-founder and CEO Adam Bry says the company sees “extraordinary demand globally from organizations addressing needs important to every citizen.” The company had viral success with its original drone that featured a market-leading collision avoidance detection. The company still offers such capabilities but has pushed the industry forward with additional features and capabilities. In addition, the company expects to hire 150 manufacturing employees to staff the new facility. Skydio says its drones are used in every branch of the U.S. Department of Defense, by over half of all U.S. State Departments of Transportation, and by over 200 public safety agencies in 47 states. Current regulations around visual piloting limit this product, but Skydio has a solution for that, too, and now works with companies to expand their drone programs.The new Skydio manufacturing facility is based in Hayward, CA.

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Skydio raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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