
Emesent Closes $17M Round as Australia's Sovereign Fund Bets on Homegrown Drone Mapping Leader
Australian drone mapping company Emesent has completed a $17 million (A$25 million) funding round to expand manufacturing at its Wacol, Queensland facility and advance its Cortex AI autonomous flight engine and Aura cloud data platform. The round combines a A$10 million venture debt facility from the National Reconstruction Fund Corporation — the agency's first such deal — with A$15 million in equity via SAFE notes from investors including Main Sequence and QIC Ventures.
Source: DroneXL










