About SkyX
SkyX is a company based in Markham (Canada) founded in 2015. It operates as a Data-as-a-Service. SkyX has raised $13.5 million across 4 funding rounds from investors including European Union, Kuang-Chi and DRONE FUND. SkyX offers products and services including Aerial Data Solution and SkyVision Software. SkyX operates in a competitive market with competitors including Cyberhawk, American Aerospace, Sky-Futures, Linux Networx and InTANK, among others.
- Headquarter Markham, Canada
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Sectors
Energy & UtilitiesAerospace, 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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Total Equity Funding
$13.5 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
European Union
& 3 more
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Employee Count
Employee Count
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Products & Services of SkyX
SkyX offers a comprehensive portfolio of products and services, including Aerial Data Solution and SkyVision Software. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Aerial data is collected for asset integrity monitoring.
Data anomalies are identified using specialized analysis software.
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Leadership Team
2 people
Operations Team
1 people
CTO Team
1 people
Sales and Marketing
1 people
RPAS Team
1 people
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Funding Insights of SkyX
SkyX has successfully raised a total of $13.5M across 4 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Last Round
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First Round
First Round
(22 May 2017)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2020 | Amount | Series B - SkyX | Valuation | Drone Fund |
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| Dec, 2018 | Amount | Grant - SkyX | Valuation |
investors |
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| Sep, 2018 | Amount | Series B - SkyX | Valuation | Almond Tree Enterprise |
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| 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 SkyX
SkyX has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, Kuang-Chi and DRONE 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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A venture capital firm focused on drone technology investments.
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Founded Year | Domain | Location | |
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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 SkyX
| 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 - SkyX
| 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 |
Skyx Comparisons
Competitors of SkyX
SkyX 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 Cyberhawk, American Aerospace, Sky-Futures, Linux Networx and InTANK, 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 |
Drone-based visual data collection, inspection, and asset management are provided.
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| domain | founded_year | HQ Location |
Develops unmanned aircraft systems for oil & gas, smart grid, & emergency response
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| domain | founded_year | HQ Location |
Oil and gas drone inspections are provided onshore and offshore.
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| domain | founded_year | HQ Location |
Linux-based high-performance computing solutions are architected and supported.
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| domain | founded_year | HQ Location |
Robotic systems for storage tank inspection and cleaning are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Skyx
Frequently Asked Questions about SkyX
When was SkyX founded?
SkyX was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is SkyX located?
SkyX is headquartered in Markham, Canada. It is registered at Markham, Ontario, Canada.
Is SkyX a funded company?
SkyX is a funded company, having raised a total of $13.5M across 4 funding rounds to date. The company's 1st funding round was a Series B of $9.5M, raised on May 22, 2017.
What does SkyX do?
SkyX is focused on delivering unique, actionable aerial data for infrastructure asset companies. Operations include the systematic monitoring of long-range assets such as pipelines using advanced drones and purpose-built software like SkyVision. Services are provided to ensure compliance with health and safety regulations through frequent visual inspections. Solutions are offered for identifying unauthorized activities, analyzing hydrocarbon leaks, and evaluating pipeline corrosion remotely. The company operates in various climates, ensuring reliable data collection and analysis for clients in the infrastructure sector.
Who are the top competitors of SkyX?
SkyX's top competitors include Cyberhawk, USNuclearCorp and American Aerospace.
What products or services does SkyX offer?
SkyX offers Aerial Data Solution and SkyVision Software.
Who are SkyX's investors?
SkyX has 4 investors. Key investors include European Union, Kuang-Chi, DRONE FUND, and Almond Tree Enterprise.
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