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SkySpecs

10 Nov

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SkySpecs closes on $3M funding round, lands first customers

November 10, 2015 | By |

SkySpecs Inc., an Ann Arbor-based company that provides drones for the inspection of wind turbines, bridges and other infrastructure projects, has closed on an investment round of $3 million.

The company has received approval from the Federal Aviation Administration to fly its drones, has landed its first two customers and hopes to hit at least $1 million in revenue next year.

The investment round was led by Jim Adox, managing director of the Ann Arbor office of Madison, Wis.-based Venture Investors LLC, and joined by Ann Arbor-based Huron River Partners, Detroit-based Invest Michigan and some angel investors.

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