Malaysian drone firm Aerodyne in talks to raise $100m Series C, may enter unicorn club

Photo by Aerodyne

Malaysia’s Aerodyne Group, which provides drone-based solutions for enterprises, is looking to raise up to $100 million in its Series C funding round as it gears up to launch its IPO, earliest by 2023.

The proposed funding could give the startup a unicorn status, thereby pegging its valuation at over $1 billion.

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