Riga-based robotic technology company Aerones raises $9M in seed funding

The Latvian robotic technology developer Aerones has raised $9 million in seed funding round. The company plans to use the proceeds further accelerate the global scaling of robotic wind turbine maintenance and inspection.

• Founded in 2015 by Dainis Kruze and Janis Putrams, Aerones builds robots to automate wind turbine inspection and maintenance. The company claims its technology to be up to six times faster and up to 40% more cost-efficiently than humans.
• The $9 million seed round was led by Future Positive Capital, a French investment firm investing in deep tech companies. The existing investor Change Ventures joined the round alongside Capitalia, Pace Ventures, and EcoSummit.
• Some prominent angel investors also participated. The list includes Skype founder Jaan Tallinn, Co-founder of Vinted Mantas Mikuckas, as well as Printify CEO James Berdigans.

“This funding enables us to continue our rapid growth and prepare for our Series A funding round later this year,”

Aerones CEO and co-founder Dainis Kruze speaks on the investment.

• Aerones already works with nine of the world’s ten largest wind companies, including Siemens Gamesa, Enel, GE, and Vestas. It has serviced over 3,000 wind turbines in 17 countries across the world.
• The fresh funds will boost the company’s growth and pave the way for its Series A funding round.