Amount Raised
$25 Million
Round Type
series b
Description
vHive, a software solution that enables enterprises to deploy autonomous drone hives to create Digital Twins of their assets, announced today that it has secured $25 million in Series B funding. The funding round is led by PSG, a leading growth equity firm partnering with software and technology-enabled services companies to help accelerate their growth. Previous investors Octopus Ventures and Telekom Innovation Pool (TIP), Deutsche Telekom's strategic investment fund advised by DTCP, also participated in the round. Ronen Nir, Managing Director at PSG, has joined vHive's board of directors.
FundzWatch™ Score
70
Medium Activity
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