Velos Rotors builds fully electric, twin-engine drone helicopters with a patented design. Its sub-55 lb UAVs can consistently carry a 13 lb payload for 60 minutes and cruise at about 35 MPH, designed to operate in varied weather conditions. The company positions its product as industrial-grade UAVs for enterprise customers rather than hobbyist multicopters. Velos plans to use the new funding to further develop its drone technology and bring it to market. The team is led by founder and CTO Aris Kolokythas; other team members referenced include Michael. Financially, Velos announced a $2 million seed round from Marathon Venture Capital to support product development and commercialization.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Apr 2023