Funding for Auterion
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Auterion raises $10 million for open source drone operating system
Auterion has raised $10 million in funding for its open source commercial drone operating system and launched its drone OS today as an enterprise version of the PX4 open source standard.
The Zurich, Switzerland-based company will use the money to scale its operations and speed up development of its platform.
The funding comes from Lakestar, Mosaic Ventures, Costanoa Ventures, and Tectonic Ventures. Auterion will continue to work in close alignment with the PX4 community, the most widely used open source drone autopilot software, to bring the technology to the enterprise.
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Open source drone software startup Auterion lands $10M seed funding
Auterion, a startup that offers a drone operating system built on top of the popular PX4 open source software, has landed $10 million in seed funding. Backing the round is Lakestar, Mosaic Ventures, Costanoa Ventures, and Tectonic Ventures.
The young Swiss company says the injection of cash will be used to work closely with the wider PX4 community to further develop the open source code, and to bring the technology to more enterprise customers in the form of the Auterion platform.
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