SkySquirrel Technologies raises $3 mln, merges with VineView

Canadian drone technology startup SkySquirrel Technologies Inc has raised $3 million in follow-on financing. The round was backed by Innovacorp, an existing investor, and an unidentified private investor in Ontario. SkySquirrel also said it has merged with Napa Valley, California's VineView SAI Inc, creating a new Halifax-based provider of aerial imaging and crop diagnostics for vineyards called VineView. Richard van der Put, SkySquirrel’s founder and CEO, who will lead the new entity, told Entrevestor the funds raised will be used for the merger and working capital. Last year, SkySquirrel bought its French partner Avidordrone.

11 January 2018•3 mins read
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