Singtel Innov8, the venture capital arm of Singaporean telecom firm Singtel, has led the $20-million Series A funding round in Silicon Valley-based drone security solutions provider Airspace Systems Inc.
In an announcement, Airspace Systems said, the latest funding round was also joined by s28 Capital and previous investors Shasta Ventures and Granite Hill Capital Partners. As part of its investment, Jeff Karras, Managing Director of Investments at Singtel Innov8, will join Airspace’s board of directors.
