Voliro secures USD 12 mln funding round: the advisors
Walder Wyss has advised Voliro, an innovator in aerial mobile robotics, on securing USD 12 million in funding to advance its mission to transform industrial inspections with aerial robotics. The Series A financing round was led by Cherry Ventures, advised by Niederer Kraft Frey (“NKF”), with additional funding obtained from existing business angels, family offices, and via a conventional debt facility.
Walder Wyss’team
Walder Wyss has advised Voliro with respect to this transaction. The team included corporate / M&A partner Ramona Wyss (pictured left), Dzevrije Zendeli (managing associate, corporate/M&A), Simone Wetzstein (partner, employment), Tiffany Kärle (associate, employment), Fabienne Limacher (partner, tax) and Kento Reutimann (associate, technology / data protection).
NKF team
The NKF team was co-led by corporate/M&A partners Andrea Giger (pictured center) and Philip Spoerlé (pictured right), working with senior associate Katalin Siklosi, associate Manuel Hirlinger and junior associate Norina Frey (all corporate/M&A), partner Janine Reudt-Demont (life sciences/intellectual property), senior associate Sven Kälin (tax) and associate Daniela Lötscher (employment).
About the funding
Bringing its funding to date to $22 million, this new capital injection was led by Cherry Ventures, with additional investment from existing business angels, family offices, and a conventional debt facility as a minority part of the round, according to the company.
Voliro
Founded in 2019 as a spinoff of ETH Zurich, Voliro is a Swiss startup developing advanced flying robots to perform inspection and maintenance tasks more safely, cost-effectively and faster than conventional methods. With its tiltable rotor system, Voliro expands the abilities of service drones from “fly and see” to “fly, see and touch”.
Cherry Ventures
Founded in 2012, first as an angel fund, by Filip Dames and Christian Meermann, Cherry is an early-stage venture capital firm based in Berlin, London and Stockholm
