Kiwi drone company raises $1m, explains its ‘shroud’ technology

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Kiwi drone startup Dotterel Technologies has raised $1.06m from Sydney-based Jelix Ventures, which specialises in backing early-stage companies.

Jelix now has an 11.45 per cent stake in Dotterel.

Other investors include managers, Sir Stephen Tindall’s K1W1 fund, Crown agency NZVIF, Techstars Australian Defence Accelerator and Auckland University’s commercialisation arm Uniservices (which has also had recent wins with Soul Machines and Power-by-Proxi).

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