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Skydio Raises $170M for Drone Product Development, Sales Expansion

Redwood City, California-based drone manufacturer Skydio has generated $170 million from its round of Series D funding with venture capital firm Andreessen Horowitz as the lead investor. Skydio said Tuesday it will use the new capital to develop products and launch initiatives to address a growing demand for its unmanned aerial systems. ....

Redwood City , United States , Adam Bry , Andreessen Horowitz , Services Administration Schedule , Us Army , Linse Capital , Defense Innovation Unit , General Services Administration ,