Arctus Aerospace To Raise $3 Mn To Build UAVs For Earth Observation

Arctus Aerospace is in talks to raise $2.4 Mn to $3 Mn in its pre-seed round from a group of investors, including South Park Commons and gradCapital

The startup, which is currently in its pre-revenue stage, will deploy the fresh capital for product development

Arctus aims to deliver imagery data, collected through its UAVs and then processed using AI, to refineries, mapping firms, agriculture, among other sectors

Deeptech startup Arctus Aerospace is in talks to raise…