Civdrone Raises $500K from ff Venture Capital

Civdrone recently announced that it has raised $500,000 from New York-based firm ff Venture Capital. The Israeli company, which has raised $1.5 million pre-seed round, is part of the GENIUS NY accelerator and Infralab construction tech innovation lab in Israel.

Civdrone is the first autonomous land surveying marking drone on the market. The firm’s device and software work with commercially available drones to survey a job-site and insert stakes embedded with QR codes into the soil. The program enables drones to stakeout coordinates within half-inch accuracy in large infrastructure construction sites.

“Civdrone can mark up to 500 points a day and requires only one drone operator,” said Tom Yeshuran, CEO of Civdrone. “Each stake is coded with clear construction instructions for the builders and encourages productivity.” 

Civdrone has been tested on several road and building construction sites in Israel and in October the company will host demonstrations for potential U.S. clients, Yeshurun said. 

“We plan on providing Civdrone as a service from the end of the year and as a product by 3Q of 2020,” he said.

Civdrone took home the $500K award in April from GENIUS NY. Applications for the 2020 GENIUS NY accelerator are open until October 1, 2019. To learn more and apply click here.