There’s no shortage of startups attempting to put drones to work. There is, however, a longstanding question around the efficacy of such plans. Drones — especially the smaller variety — are impressive pieces of technology, but their functionality is relatively limited. A small quadcopter probably isn’t going to prune your trees or walk your dog anytime soon.
One thing they can do exceptionally well, however, is imaging. Industries have been cropping up around this functionality in recent years, deploying drones for land management, forestry and industrial inspection, among others. There are also a number of firms, including names like Gather AI, IFM and Corvus, putting these devices to work as a method of tracking warehouse inventory.
It’s a business Verity has been in for a long time. The Zurich-based firm was founded way back in 2014, with the promise of an automated solution that can work around the clock tracking products — one of the most time- and resource-intensive tasks in a warehouse. This morning, the company announced a $32 million Series B. Led by A.P. Moller Holding and featuring Exor Ventures (among others), the round follows an $18 Series A raised back in 2018.Techcrunch