Gadfin, an Israel-based developer of drones for aerial infrastructure surveys and delivery services, raised USD 7 million in a Series A funding round led by Southern Israel Bridging Fund (SIBF), with participation from GEHR Cooperation and other strategic investors.
The company plans to direct the funds toward obtaining the Civil Aviation Authority (CAA)’s certification approvals for its “Spirit One” drones in the regions it operates in and to expand its global reach with a focus on transporting critical equipment.
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