# Sky-Futures

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sky-futures

- Industry: Software
- Headquarters: Middlesex, UK
- Website: www.sky-futures.com
- Total disclosed funding: $3.8M
- Latest round: Series A (May 29, 2015)
- Investors on record: 2

## About

Sky-Futures Limited is a specialized provider of drone inspection services, utilizing advanced Unmanned Aerial Systems technology to enhance safety and operational efficiency across various sectors, including oil and gas, renewables, and telecommunications.Sky-Futures Limited, founded in 2009 and headquartered in Middlesex, UK, focuses on drone inspection and asset inspection services. The company has completed five deals, with the most recent funding round being a Series B, where it raised GBP 4.000 mn led by Mitsui & Co. In May 2019, Sky-Futures was acquired by ICR Integrity from its previous investors. Riezal Sufian serves as the CEO.Sky-Futures specializes in drone inspection and asset inspection services, primarily utilizing Unmanned Aerial Systems (UAS) technology. Their core offerings include advanced visual inspections, gas emission detection, remote non-destructive testing (NDT), and detailed mapping and modeling solutions tailored for sectors such as oil and gas, renewables, marine services, civil infrastructure, and telecommunications, with operations across the Americas, EMEA, and Asia Pacific.In the most recent fiscal year of 2021, Sky-Futures reported a revenue of GBP 711,404.6 with an EBITDA of GBP -514,371.6. Revenue is generated through a B2B service model, where clients are charged based on the scale and complexity of inspection services required, emphasizing tailored solutions and comprehensive reporting.Sky-Futures aims to expand its market presence and product offerings. Future growth initiatives include the launch of new inspection products and services aimed at enhancing operational efficiency by 2023. The company plans to enter new geographic markets in Asia and North America, leveraging the recently secured Series B funding of GBP 4.000 mn to support these expansions and product developments.

## Funding rounds

- Series A, May 29, 2015 — Commercial Drone Fund
- Series A, May 6, 2015, $3.8M — MMC Ventures

## Investors

- MMC Ventures (https://capitalatlas.ai/funds/mmc-ventures) — Series A
- Commercial Drone Fund (https://capitalatlas.ai/funds/commercial-drone-fund) — Series A