British drone startup Hammer Missions secures €1.6 million to expand to USA

Key Takeaways:

• Hammer Missions has raised €1.6 million in new funding.
• The company specializes in AI and drone technology for inspecting built structures.
• Funding will accelerate AI technology development.
• Plans include a strategic expansion into North America.
• Investors include ACF Investors and angel investor Graham Hunter.

Hammer Missions Launches North American Expansion with New Funding

London-based Hammer Missions, an AI company pioneering drone technology for inspecting built structures, has announced the successful raising of €1.6 million in new funding. This infusion of capital is set to accelerate the company’s AI technology development and support its strategic expansion into North America.

Revolutionizing Structural Inspections

Founded with the goal of innovating how owners, architects, engineers, and contractors inspect built structures, Hammer Missions leverages advanced drone technology combined with artificial intelligence. By offering an efficient and comprehensive approach to structural inspections, the company aims to transform traditional methods and improve safety and accuracy in the industry.

Strategic Investment and Support

The funding round saw participation from ACF Investors, a firm known for backing promising startups, alongside notable angel investors, including Graham Hunter, the founder and former chair. This support underscores confidence in Hammer Missions’ mission to enhance inspection processes through cutting-edge technology.

Expanding into North America

With plans to broaden its reach, Hammer Missions is poised to enter the North American market. The expansion signifies a critical step for the company as it seeks to meet increasing demand for innovative inspection solutions in construction and infrastructure across the continent.

Accelerating AI Technology Development

The €1.6 million investment will also fuel the advancement of Hammer Missions’ AI capabilities. By accelerating technology development, the company intends to offer even more sophisticated tools for data analysis and reporting, setting new standards in the field of drone-based inspections.

Looking Ahead

As Hammer Missions continues to grow, its commitment to enhancing inspection practices remains at the forefront. The combination of AI and drone technology positions the company to play a significant role in the future of structural inspections, both in North America and globally.