If you ever call 911 from a location thats difficult to get to, you may hear the buzz of a drone well before a police cruiser pulls up.
And theres a good chance that it will be one made by Brinc Drones, a Seattle-based start-up established by 25-year-old Blake Resnick, who left of college to run the company.Brinc, which was founded in 2017 and counts OpenAI CEO Sam Altman as a seed-stage investor, just revealed today that it has actually raised $75 million in new funding led by Index Ventures.This brings the startups total funding to $157.2 million.
While Brinc isnt divulging its precise appraisal, Resnick informed A Technology News Room its an up-round compared to its most recent round, a $55 million Series B in 2022.
Brinc was last valued at $300 million in 2023, Bloomberg reported.Brinc sells a variety of drone systems to authorities and public safety companies.
Its part of a more comprehensive trend of U.S.
drone startups making domestically due to increasing constraints against Chinese business that control the commercial drone market.
(Resnick briefly interned at DJI, without a doubt the greatest Chinese player, a couple of years before establishing Brinc.)With this funding, Brinc is launching a strategic alliance with Motorola Solutions, which also invested in the round.
Motorola Solutions is a giant in the U.S.
security industry whose software application powers many 911 call.
The partnership will integrate Brinc drones straight into those centers, enabling operators to dispatch drones for specific emergency calls if theyre cleared by an existing Motorola AI system.Brinc is, however, in a significantly competitive field with other U.S.
start-ups like Flock Safety and Skydio.
Each likewise uses drones for police, and have multibillion-dollar valuations.
Flock stood at $7.5 billion in its newest round last month while Skydio was valued at $2.2 billion in 2023.
When it concerns the competitors, Resnick informs A Technology News Room that theres lots of space for growth in a market that is otherwise dominated by Chinese players.
Beyond the Motorola partnership, he says Brinc uses its share of distinct features, like the ability to break windows or deliver emergency situation medical devices.