Linebird, a United States-based startup, is revolutionizing the inspection and maintenance of power transmission infrastructure with unmanned systems. The company's mission, encapsulated in the slogan "Bringing the unmanned systems revolution to high voltage power lines," is to make once costly and life-threatening tasks quick, affordable, and remote through automation. By leveraging unmanned systems, Linebird aims to bring lineman tools in contact with live transmission lines through a patent-pending process, demonstrating the transformative potential of this innovative approach. Since its founding in 2018, Linebird has received a significant investment of $535.00K in debt financing, marking a pivotal moment in the company's growth trajectory. This funding injection, secured on 21 December 2023, signifies a vote of confidence in Linebird's vision and underscores the potential for unmanned systems to reshape the power transmission landscape. With a focus on the drones and information technology sectors, Linebird's pioneering work holds promise for driving efficiency, safety, and cost-effectiveness in power line maintenance and inspection.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Debt Financing | $535.00K | - | 21 Dec 2023 | |
Grant | $75.00K | 1 | 15 Feb 2023 | |
Seed Round | Unknown | 1 | Virginia Venture Partners | 08 Jul 2022 |
Debt Financing | $350.00K | 3 | Virginia Venture Partners, Potential | 09 Feb 2022 |
Non Equity Assistance | Unknown | 1 | 01 Jan 2022 |
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