UVL Robotics develops unmanned aerial vehicles for cargo delivery and for warehouse inventory tasks. The company positions its products for logistics and intralogistics use cases. According to the article, the startup plans to expand its business into the U.S. and the Middle East. It will use the new funds to scale production of its drones for delivery and inventory operations. Financially, the company has just attracted external investment to support those expansion and manufacturing efforts. No operating metrics or prior funding rounds are reported in the article.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Mar 2020