Sevendof raises $1.2M from BKK and Norwegian angel investors.
Sevendof, a Trondheim, Norway-based startup working on drone technologies, secured NOK 10M ($1.2M) in a capital investment round.
Sevendof, founded in 2016 as a spin off of the Norwegian University of Science and Technology (NTNU) and led by CEO Johannes Lundgaard, works for the development of a scalable drone platform that enables businesses to use drones as a service, eliminating the burden of ownership and operation. The platform consists of a network of long-range drones stationed in the field that can autonomously perform missions such as inspection, mapping, delivery, and search and rescue.
Sevendof’s first commercial product, the StormPetrel, combines the advantages of conventional quadcopter drones and fixed wing airplanes. The company has ongoing pilot projects with TrønderEnergi Nett and Eidsiva Nett.