Hammer Missions Seals £1.4m Funding to Expand Across North America

Deal News | Apr 17, 2025 | Business Cloud

Hammer Missions Seals £1.4m Funding to Expand Across North America

Hammer Missions, a London-based AI company, has successfully secured £1.4 million in funding to enhance its technology and facilitate its expansion into the North American market. This initiative aims to transform the inspection processes for building structures using autonomous drones that produce precise 3D inspection reports. The funding round saw participation from ACF Investors and prominent angel investors, including industry veterans like Graham Hunter, Martin Grant, and Stephen Bullock. Founded in 2019, Hammer Missions has deployed its technology in over 20,000 drone flights and 5,000 projects, aiming to offer efficient and cost-effective building assessments through its innovative software solutions. Varun Sarwal, CEO, emphasizes the importance of advancing their product offerings and looks forward to strategic global expansion with the newfound capital.

Sectors

  • PropTech
  • Venture Capital

Geography

  • United Kingdom – Hammer Missions is a London-based company, indicating its primary operations and business activities are centered in the UK.
  • North America – The article mentions plans for Hammer Missions to expand into the North American market, marking it as a significant geographical target for growth.

Industry

  • PropTech – The article revolves around a technology-driven company, Hammer Missions, focusing on innovation in property technology, specifically in the field of structural inspections using drones and AI.
  • Venture Capital – ACF Investors and other angel investors provide funding for Hammer Missions, indicating active involvement from the venture capital sector in supporting tech innovations.

Financials

  • £1.4m – The funding amount raised by Hammer Missions to enhance technology and support international expansion.

Participants

NameRoleTypeDescription
Hammer MissionsTarget CompanyCompanyAn AI company focused on revolutionizing the inspection of built structures through drone technology.
ACF InvestorsBidding CompanyCompanyA venture capital firm that participated in the funding round for Hammer Missions.
Graham HunterAngel InvestorPersonThe founder and former chair at GeoSLAM, invested in Hammer Missions.
Martin GrantAngel InvestorPersonFormer CEO, energy at Atkins, invested in Hammer Missions.
Stephen BullockAngel InvestorPersonSerial tech investor and former president at E100 Angels, invested in Hammer Missions.
Varun SarwalCEOPersonCEO of Hammer Missions, overseeing the company’s strategic growth and operations.