UrbanMatrix Technologies designs and manufactures industrial drones and accompanying software for applications including defense, survey, surveillance, agriculture, and AI-assisted inspection. Founded in 2019, the company operates a dedicated manufacturing area and a 3,000 square foot commercial space. It provides cloud integration and quantum encryption for data security and holds patents for innovations such as NextCC and original drone designs. UrbanMatrix collaborates with ATV, ISRO, and Paras Aerospace and holds DGCA Type Certification for its 4G/5G-enabled UMT Hawk4G. The company said the newly raised capital will be used to develop new products, grow the team, and enter new markets. No revenue or user metrics were reported in the article.

Total raised

$1M

Funding rounds

1

Latest round

Series A

Latest activity

Dec 2023