Dronisos Raises 2M€ to Accelerate Growth

Dronisos raises two million euros from Galia Gestion, Aquiti Gestion, Expanso Capital, and entrepreneurs from Nouvelle-Aquitaine

Already a European leader in automatic indoor and outdoor drone shows, the Bordeaux-based company secures, through this first fundraising round, the necessary resources to ensure the industrialization of its products and license its technology worldwide.

Based in the Bordeaux metropolitan area since its creation in November 2016, Dronisos already boasts top-tier references in the field of drone shows. Dronisos provides unique shows to its clients such as the Arlette Gruss circus, Airbus, Futuroscope, as well as other major theme parks…

The company also produces shows for major events featuring around a hundred drones, such as during the opening ceremonies of the Asian Games in August 2017 in Kuala Lumpur or the Gulf Cup in December 2017 in Kuwait City. Dronisos is to date the only company in the world flying hundreds of drones in environments as complex as stadiums.

Thanks to the expertise thus developed, Dronisos also intends to establish itself in the field of "intelligent" inspection. Dronisos and Altametris, a subsidiary of SNCF, announced last month at the Vivatech trade show the launch of an "all-in-one" drone service designed for inspecting industrial assets. Named Oscar, this subscription-based service offered to major corporate accounts includes all the elements necessary for the daily use of drones by their own agents. It includes the supply and maintenance of drones, their management, agent training, necessary insurance, mission preparation, obtaining flight authorizations, archiving and analyzing collected data via machine learning, and issuing inspection reports.

After a first financial year during which the company achieved a revenue of over 1 million euros excluding tax, Dronisos is today completing a 2 million euro fundraising round.

Participating in this funding round are the Aquitaine funds Galia Gestion, Aquiti Gestion, and Expanso Capital, a subsidiary of Caisse d’Epargne Aquitaine Poitou-Charentes. Two entrepreneurs are also joining the company's capital: Hervé Berthou and Nicolas Béraud, respectively founders and executives of Systonic and Betclic, two companies located in the Bordeaux metropolitan area.

“Drones and, more generally, robots, combined with artificial intelligence, will contribute to changing our world. We are very proud to participate at our level in this revolution; this first fundraising round, along with the arrival of a new, experienced team by our side, will give us the means to achieve our plans,” indicates Jean-Dominique Lauwereins, CTO of Dronisos.

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Investor advisors: Aloy, Tiphaine Brissez, Louis-Joseph de Coincy

Dronisos advisors: TGS-France Avocats, Laurent Babin, Guillaume Rivet

About AQUITI GESTION

AQUITI GESTION aims to support and provide equity financing for startups and SMEs in Nouvelle-Aquitaine, aligning its actions with regional economic development efforts. AQUITI GESTION has several financing mechanisms enabling it to intervene across all private equity activities and meet the needs of companies in seed, creation, development, or takeover/transmission stages.

With €90M under management, AQUITI GESTION has already supported over 500 companies in all types of sectors, from the most traditional to the most innovative.

AQUITI GESTION manages in particular the regional investment fund ACI (Aquitaine Création Investissement) as well as the regional co-investment fund NACO (Nouvelle-Aquitaine Co-Investissement), which were involved in this transaction.

Contact : Camille LE ROUX LARSABAL

05 56 15 11 00 - camille.leroux@aquiti.fr

More information at: www.aquiti.r

About EXPANSO CAPITAL

EXPANSO CAPITAL is the local equity investment subsidiary of Caisse d’Epargne Aquitaine Poitou-Charentes, dedicated exclusively to supporting client companies of the bank, regardless of their activities and stage of maturity (from post-seed to transmission), with investments ranging from €50,000 to €300,000 in the first round.

Contact : jean-luc.minet@ceapc.caisse-epargne.fr

About Galia Gestion

A management company located in Bordeaux operating mainly in southwestern France, Galia Gestion supports regional companies in financing their development or transmission projects, providing amounts between €0.5M and €4M per transaction. Its portfolio consists of around fifty holdings across highly diverse business sectors such as software, med-tech, electronics, retail, agri-food, or services.

Contact : Pierre ARNAUD - Tel : 05 57 81 88 10

More information at: www.galia-gestion.com