Spexi Secures $11.5 Million Series A Funding to Revolutionize Drone Imagery

Spexi, a leading company in drone-based ultra-high-resolution earth imagery, has successfully raised $11.5 million in its Series A funding round, led by Blockchange Ventures. Spexi aims to revolutionize the aerial imagery field, offering an innovative approach that circumvents the traditional limitations of satellites and airplanes. By utilizing a global network of drone pilots, Spexi provides highly detailed, frequently updated, and cost-effective imagery with near-zero emissions, which is crucial for sectors like emergency response, infrastructure inspection, and AI applications. Founded in 2017, the company drives innovation with its blockchain-based 'Fly to Earn' system, empowering drone pilots to collect data efficiently. The recent funding supports Spexi's expansive mission, highlighting their impact with over 1.2 million acres of imagery captured across various global markets like Canada, USA, UK, and Mexico. Their network also crucially aids in training AI models by providing invaluable high-quality datasets, cementing their role in the advancement of smart technologies.