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Spexi Secures $11.5M Series A Funding to Transform Aerial Imagery

Spexi, a leader in ultra-high-resolution drone imagery, has announced the completion of an $11.5 million Series A funding round, led by Blockchange Ventures. The Vancouver-based company is revolutionizing Earth imagery with a network of drone pilots capturing frequent, standardized data for public and private sectors, with minimal emissions.

Traditional methods like satellites and planes offer lower-resolution images that are costly and environmentally taxing. Spexi provides 900 times more detail at a fraction of the cost, serving industries such as infrastructure, gaming, and AI. CEO Bill Lakeland emphasizes their role in cutting-edge technologies and essential services.

Since 2022, Spexi has expanded into four countries, imaging 140 cities and completing over 50,000 missions. Their blockchain-based "Fly to Earn" system ensures data integrity, opening new markets in geospatial and public safety.

R. H.

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