Defense Tech

Hoverfly Technologies

Hoverfly Technologies raises $20M Series B at $100M valuation

$20M
Total Raised
Series B
Latest Round
2019
Founded
90+
Employees
Orlando, FL
1 min read

Quick Facts

Valuation
$100M
Latest Round Size
$20M
Latest Round Date
October 2025

Hoverfly Technologies: Series B Funding Round

Hoverfly Technologies has successfully raised $20M in Series B funding, reaching a valuation of $100M.

Company Overview

Tethered drone systems for persistent surveillance and security

Funding Details

The Series B round was led by Shield Capital, with participation from Razor's Edge Ventures.

Company Information

  • Headquarters: Orlando, FL
  • Founded: 2019
  • Employees: 90+
  • Category: Defense Tech

Investment

Hoverfly Technologies plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • Shield Capital: Verified investor in Series B
  • Razor's Edge Ventures: Verified investor in Series B

Key Investors

Shield Capital
Lead Investor
Verified investor in Series B
Razor's Edge Ventures
Investor
Verified investor in Series B

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources