About Hovering Solutions
Hovering Solutions is a company based in Madrid (Spain) founded in 2016.. Hovering Solutions operates in a competitive market with competitors including SkyX, USNuclearCorp, Talon, Hepta and Pitch Aeronautics, among others.
- Headquarter Madrid, Spain
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Sectors
Aerospace, Defense & Maritime
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$371.22 K (USD), Grant
Oct 01, 2022
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Investors
European Union
& 1 more
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Employee Count
Employee Count
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Office Team
1 people
Ingeniero Team
1 people
Product Management Team
1 people
Leadership Team
1 people
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Funding Insights of Hovering Solutions
- Total Funding Total Funding
- Total Rounds 4
- Last Round Grant — $371,218
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First Round
First Round
(01 Jan 2019)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Grant - Hovering Solutions | Valuation |
investors |
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| Jan, 2020 | Amount | Grant - Hovering Solutions | Valuation |
investors |
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| Jun, 2019 | Amount | Grant - Hovering Solutions | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Hovering Solutions
Hovering Solutions has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and EIC Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Hovering Solutions
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Hovering Solutions
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hovering Solutions Comparisons
Competitors of Hovering Solutions
Hovering Solutions operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SkyX, USNuclearCorp, Talon, Hepta and Pitch Aeronautics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Long-endurance VTOL drones are developed and inspection services are provided.
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| domain | founded_year | HQ Location |
Radiation and chemical detection instrumentation is developed and manufactured.
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| domain | founded_year | HQ Location |
Asset inspection software is provided by Talon for industries.
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| domain | founded_year | HQ Location |
Aerial inspection and surveying services for industrial infrastructure are provided.
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| domain | founded_year | HQ Location |
Industrial inspection drones are provided for asset maintenance and inspection.
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| domain | founded_year | HQ Location |
AI-powered aircraft inspections are enabled via autonomous drone platforms.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Hovering Solutions
When was Hovering Solutions founded?
Hovering Solutions was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is Hovering Solutions located?
Hovering Solutions is headquartered in Madrid, Spain. It is registered at Madrid, Madrid, Spain.
What does Hovering Solutions do?
Hovering Solutions Limited was founded in 2016 and is based in Madrid, Spain. Focus is placed on the aerospace sector, where a quadcopter named EXiCOPTER is designed and developed for inspections in hazardous settings, including explosive atmospheres. An integrated solution is provided, incorporating drone piloting and image processing services to support operations in such environments.
Who are the top competitors of Hovering Solutions?
Hovering Solutions's top competitors include SkyX, USNuclearCorp and Talon.
Who are Hovering Solutions's investors?
Hovering Solutions has 2 investors. Key investors include European Union, and EIC Fund.
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