DroneBase Secures $55 Million to Launch Next Stage Advanced Inspection under New Brand Zeitview

DroneBase has secured $55 million in investment and rebranded as Zeitview. Led by Valor Equity Partners, an investment firm backing technology companies, the round was followed by existing investors Union Square Ventures, Upfront Ventures, Euclidean Capital, Energy Transition Ventures, and Hearst Ventures. The new funding will support the company’s AI-enabled software inspection solutions. Zeitview inspection professionals use rotary wing drones, crewed aircraft and smartphone technologies to allow clients to easily view data results.

 “We appreciate how important time is to our customers: on the one hand, they need immediate and accurate analysis about the health of their assets; on the other, they are building energy and infrastructure resources to last for decades,” said Dan Burton, founder and chief executive officer at Zeitview. “We are confident that our AI-enabled software solutions can deliver that immediate answer and a long-term home for our customers, while we are increasingly agnostic about what tool we use to capture the most accurate data. We are grateful that Valor recognizes the power of our comprehensive services to support customers to build, protect, and maintain infrastructure across multiple asset classes and around the world. They understand transformational energy and infrastructure software and embrace businesses that use technology to solve operationally complex problems.”

This announcement caps a year of rapid growth within the renewable sector, including the launch of the North American Solar Scan, a standardized set of solar asset ratings to ensure better oversight of U.S. solar power plants. Last year, Zeitview inspected 43 GW of solar capacity.

To learn more, visit the Zeitview website here.

– Article by Thomas Atwood