- NxtQube has secured seed funding led by Venture Catalysts, with participation from other investors including Pontaq VC and angel investors.
- The company plans to use the funds to expand operations in the defense and enterprise sectors, aiming to deploy 2 million drones.
- NxtQube is developing a Universal Drone Docking Station compatible with various drone types and manufacturers.
Indian drone infrastructure company NxtQube has secured a seed round funding led by Venture Catalysts, an integrated incubator and accelerator platform, and also witnessed participation from Pontaq VC (STPI), Ananta Bizcon LLP, Rushikesh Bhandari, and other angel investors.
The Nashik-based firm will use the acquired funds to enhance its operations in the defense and enterprise sectors across markets in Asia Pacific, Europe, and the US with 2 million drones.
“The aviation sector has been transforming rapidly through the growing emphasis on drones and this investment will further assist us to ensuring a future to seamlessly integrate technology with the skies to enhance human lives,” said Nikhil Rajput, Co-Founder & CEO of NxtQube.
Furthermore, this funding marks a notable milestone for NxtQube in its objective to develop a Universal Drone Docking Station, designed to serve diverse drone categories irrespective of applications. This essential capital inflow will assist NxtQube to make headway in accelerating its strategic expansion, research & development, increasing product line, and penetrating new strategic markets to cater to new-age consumers across levels.
“Soon after our domestic launch, we will debut this globally to ensure strategic market penetration to sustain and enhance our profitability. By leveraging innovations, NxtQube is poised to transform how drones interact with the world, making aerial solutions more accessible and effective,” added Rajput.
Additionally, the firm also envisions unlocking new dimensions of interaction with aerospace technology and enriching lives through innovative solutions. This will be driven through NxtQube’s Drone dock; a fully automated and industrial-grade universal drone docking station offering cross-compatibility with diverse drone manufacturers and technologies to ensure an efficient aerial ecosystem.
“NxtQube's innovative approach to drone infrastructure aligns perfectly with the rapidly evolving drone ecosystem. Their universal docking station has the potential to significantly reduce operational costs and increase efficiency in drone deployments. We believe NxtQube is well-positioned to become a global leader in drone infrastructure, catering to the growing demand for autonomous drone operations across various sectors,” said Dr. Apoorva Ranjan Sharma, Co-founder, and Managing Director of Venture Catalysts
Since its inception in 2022, NxtQube has sustained a meteoric rise in the domain, developing Indigenous docking stations, building Indigenous hardware, and offering feature-rich firmware—complementing the Made in India initiative.
This has helped the firm make uninterrupted remote drone operations possible regardless of location. NxtQube’s docking stations boast top-of-the-line compatibility for scheduling autonomous missions, remote diagnostic capabilities, minimal downtime, and assistive pilot features.
Edited by Harshajit Sarmah
