If you ever call 911 from an environment that is difficult to achieve, you can hear the buzz of a drone before a police cruiser goes up. And there is a good chance that it will be made by Brinc dronesA startup in Seattle founded by 25-year-old Blake Resnick, who fell from the university to run the company.
Brinc, founded in 2017 and regarded Sam Altman, CEO of Openai, as an investor in the seed phase announced It raised $ 75 million today for new financing led by Index Ventures.
That brings the total financing of the start to $ 157.2 million. While Brinc does not disclose its exact valuation, Resnick told TechCrunch it was an ‘OP-Round’ compare In the most recent round, a series B of $ 55 million in 2022. Brinc was last valued at $ 300 million in 2023, Bloomberg report.
Brinc sells a variety of drone systems to police and public safety agencies. It is part of a broader tendency of US drone businesses manufactured domestically as a result of increasing restrictions on Chinese enterprises that dominate the commercial drone industry. (Resnick is a few years before he founded Brinc, briefly at DJI, by far the biggest Chinese player.)
With this financing is Brinc launch A ‘strategic alliance’ with Motorola Solutions, which also invested in the round. Motorola Solutions is a giant in the US security industry whose software many 911 call centers powers. The partnership will integrate Brinc drones directly into those centers, allowing operators to send drones for certain emergency calls if cleaned by an existing Motorola AI system.
However, Brinc is in an increasingly competitive field with other US startups such as Flock Safety and Skydio. Each also offers drones for the police, and has valuations with a billion dollars. The herd stood at $ 7.5 billion in its latest round last month, while Skydio was valued at $ 2.2 billion in 2023.
As for the competition, Resnick tells TechCrunch that there is enough room for growth in a market that is otherwise dominated by Chinese players. In addition to the Motorola partnership, he says that Brinc offers his part of unique characteristics, such as the ability to break windows or deliver emergency emergency emergency devices.
(Tagstotranslate) BRINC (T) DRONES (T) INDEX BUSINESS (T) SECURITY
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