# SkyGrid

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

- Industry: Internet
- Headquarters: Sunnyvale, US
- Website: www.skygrid.com
- Total disclosed funding: $13M
- Latest round: Series B (Aug 6, 2008)
- Investors on record: 4

## About

SkyGrid is a technology firm focused on enhancing autonomous flight operations through advanced air mobility solutions, integrating real-time data and situational awareness for effective airspace management.Founded in 2005 and headquartered in Sunnyvale, US, SkyGrid develops services for the integration of autonomous flight operations. The company has secured a total of USD 11.00 mn through various funding rounds, with the latest being a Series B round led by RRE Ventures. The firm has completed three deals to date and has garnered interest from notable investors such as BlackRock and Draper Fisher Jurvetson. Jia Xu is the current CEO, contributing to the strategic direction of the company.SkyGrid specializes in developing high-assurance third-party services for safe and efficient autonomous flight integration within global airspace. Its core offerings, focused on advanced air mobility (AAM), utilize high-fidelity environmental data and real-time monitoring, serving clients from governmental agencies to aerospace companies. Their products are particularly marketed in regions with growth in urban air mobility, including North America, Europe, and parts of Asia.SkyGrid generates revenue through partnerships and service agreements that support the deployment of its AAM solutions. The revenue model includes subscription-based services providing clients access to crucial data analytics and monitoring tools. The pricing is customized to meet specific client needs, with a key offering being their operational integration platform aimed at effective airspace management.SkyGrid plans to enhance its AAM solutions further and potentially introduce new products in the coming year. The recent funding round will aid in supporting product development and market expansion initiatives. The company aims to penetrate additional markets in Europe and Asia by 2025, enhancing its operational capabilities and broadening its client base through strategic partnerships.

## Funding rounds

- Series B, Aug 6, 2008, $11M — Draper Fisher Jurvetson, RRE Ventures, BlackRock
- Series A, Jun 1, 2006, $2.3M — Draper Fisher Jurvetson, Frontier Venture Capital

## Investors

- Draper Fisher Jurvetson (https://capitalatlas.ai/funds/draper-fisher-jurvetson) — Series A, Series B
- Frontier Venture Capital (https://capitalatlas.ai/funds/frontier-venture-capital) — Series A
- RRE Ventures (https://capitalatlas.ai/funds/rre-ventures) — Series B
- BlackRock (https://capitalatlas.ai/funds/blackrock) — Series B