FlyCap in $2m seed round for Airdog
FlyCap has taken part in a $2m seed round for Latvian camera drone manufacturer Airdog, led by Seraph Group alongside several eastern European VCs and angel investors.
The investor group includes Base Ventures, Imprimatur Capital, IT-Farm Corporation and several business angels.
Airdog's seed round adds to a successful Kickstarter campaign, which raised $1.36m in 2014.
Company
Based in Riga, Airdog develops and manufactures drones that automatically follow and film their users.
The company employs 20 people in its Latvian and US offices.
People
Edgars Rozentals is the co-founder and CEO of Airdog.
More on CEE
BHM Group builds on PE strategy, eyes European medtech and renewable energy acquisitions
Czech Republic-headquartered family office is targeting DACH and CEE region deals
Trind VC plans up to five early-stage investments in next six months
VC has deployed around 10% of its second, EUR 55m fund and plans to invest in up to 40 startups
Letter from the editor: Unquote is moving to Mergermarket
Unquote Editor Harriet Matthews outlines Unquote.com's upcoming move to the Mergermarket platform and the new capabilities and intelligence that this brings to Unquote readers
Actera Group explores strategic options for Celebi Ground Handling
Several investors placed bids for the company in 2022 but mismatch in pricing didn't lead to a deal
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater