About StreetDrone
StreetDrone is a company based in Oxford (United Kingdom) founded in 2017 by Mike Potts and Mark Preston was acquired by Oxa in September 2024.. StreetDrone has raised $7.12 million across 6 funding rounds from investors including Oxa, Gov.uk and Wilko. StreetDrone offers products and services including Autonomous Vehicles, Teleoperation Software, and Autonomous Software. StreetDrone operates in a competitive market with competitors including Academy of Robotics, PeykBot, Pixconvey, Swift Robotics and Rahio, among others.
- Headquarter Oxford, United Kingdom
- Founders Mike Potts, Mark Preston
- Stage Minicorn
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Sectors
Transportation, Automotive & LogisticsRetail Industrial Goods & Manufacturing
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Email
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- Legal Name Streetdrone Limited
- Date of Incorporation 08 Jun, 2017
- Jurisdiction OXFORD, ENGLAND
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Products & Services of StreetDrone
StreetDrone offers a comprehensive portfolio of products and services, including Autonomous Vehicles, Teleoperation Software, and Autonomous 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.
Provides remote and autonomous vehicles for industrial operations
Enables safe remote control of vehicle fleets
Facilitates autonomous logistics through advanced algorithms
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Leadership Team
3 people
Project Team
1 people
Product Management Team
1 people
Software Development Team
1 people
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Funding Insights of StreetDrone
StreetDrone has successfully raised a total of $7.12M across 6 strategic funding rounds. The most recent funding activity was a Grant round of $214.62 thousand completed in May 2023. 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 6
- Last Round Grant — $214,615
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First Round
First Round
(14 Sep 2017)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2023 | Amount | Grant - StreetDrone | Valuation |
investors |
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| Jun, 2021 | Amount | Seed - StreetDrone | Valuation |
investors |
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| May, 2021 | Amount | Grant - StreetDrone | Valuation |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in StreetDrone
StreetDrone has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Oxa, Gov.uk and Wilko. 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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Venture capital is directed toward technology sectors by this firm.
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Home care products and general goods are retailed by Wilko.
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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 |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by StreetDrone
| 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 - StreetDrone
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Streetdrone Comparisons
Competitors of StreetDrone
StreetDrone 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 Academy of Robotics, PeykBot, Pixconvey, Swift Robotics and Rahio, 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 |
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| domain | founded_year | HQ Location |
AI-enabled autonomous delivery vehicles are provided for logistics.
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Operates a peer-to-peer delivery platform for efficient and convenient shipping.
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| domain | founded_year | HQ Location |
Autonomous delivery vehicles are manufactured with IoT features.
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| domain | founded_year | HQ Location |
Offers comprehensive solutions for indoor delivery services.
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| domain | founded_year | HQ Location |
Offers AI and SaaS-enabled self-driving delivery vehicles for efficient logistics operations.
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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 Streetdrone
Frequently Asked Questions about StreetDrone
When was StreetDrone founded?
StreetDrone was founded in 2017.
Where is StreetDrone located?
StreetDrone is headquartered in Oxford, United Kingdom. It is registered at Oxford, Oxfordshire, United Kingdom.
Is StreetDrone a funded company?
StreetDrone is a funded company, having raised a total of $7.12M across 6 funding rounds to date. The company's 1st funding round was a Grant of $270K, raised on Sep 14, 2017.
What does StreetDrone do?
StreetDrone was founded in 2017 in Oxford, United Kingdom, within the autonomous vehicles sector. A hardware and software integration platform is provided for creating street-ready self-driving cars. Focus is placed on the higher-education market through the open-source StreetDrone Intelligent Development platform (SID). Self-driving software development, deployment, and testing are supported on the StreetDrone ONE, a Renault EV framework equipped with integrated sensors and computational hardware.
Who are the top competitors of StreetDrone?
StreetDrone's top competitors include Academy of Robotics, Pixconvey and PeykBot.
What products or services does StreetDrone offer?
StreetDrone offers Autonomous Vehicles, Teleoperation Software, and Autonomous Software.
Who are StreetDrone's investors?
StreetDrone has 5 investors. Key investors include Oxa, Gov.uk, Wilko, European Union, and Advanced Propulsion Centre UK.
What is StreetDrone's valuation?
The valuation of StreetDrone is $29.76M as of Jun 2021.