# AeroDiagnostika

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aerodiagnostika

- Industry: Aerospace
- Headquarters: Vilnius, Lithuania
- Website: www.aerodiagnostika.lt
- Total disclosed funding: $0.3M
- Latest round: Seed (Jul 4, 2019)
- Investors on record: 1

## About

AeroDiagnostika develops advanced drone systems for aerial inspections, emphasizing high-quality data collection across multiple industries such as agriculture and environmental monitoring. Their innovative solutions enhance operational efficiency and cater to diverse client needs.AeroDiagnostika specializes in drone technology that improves inspection processes through high-quality data collection. Founded in 2018 in Vilnius, Lithuania, by Daiva Urbanaviciene and Robertas Urbanavicius, the company has successfully raised EUR 0.25 million in Seed funding led by Contrarian Ventures. Their headquarters are located in Vilnius, where they have completed 2 deals, the latest being in July 2019.AeroDiagnostika focuses on multifunctional drone systems designed for various applications including agriculture, infrastructure, and environmental monitoring. Their UAV platforms are capable of long-range, low-altitude flights with speeds of 30 to 260 km/h and payload capacities of up to 8 kg. The company provides tailored solutions for a range of clients including government agencies and utility companies in Europe and North America, ensuring efficient data collection and sustainable operations.In 2023, AeroDiagnostika reported a revenue of EUR 195,974.10 with an EBITDA of EUR 8,100.60. Their business model includes direct sales and service contracts for drone systems, primarily through B2B transactions with commercial enterprises and governmental organizations.AeroDiagnostika aims to launch several new drone products within the next year to meet the evolving needs of their target markets. The company is also planning to expand its reach into additional regions, specifically targeting markets in Western Europe and North America by 2025. The recent Seed funding of EUR 0.25 million will support these initiatives, facilitating product development and market entry strategies.

## Funding rounds

- Seed, Jul 4, 2019, $0.3M — Contrarian Ventures

## Investors

- Contrarian Ventures (https://capitalatlas.ai/funds/contrarian-ventures) — Seed