Israeli-based D-Fend Solutions, a counter-drone, cyber-takeover technology provider, has landed $31 million in the initial closing of a new investment round. The round was led by Israel Growth Partners (IGP), with participation from existing investor Vertex Ventures and new investor Vertex Growth. With this, the total funding raised by the company to date accounts for $67 million.
This round follows investments in drone startups, including Portugal-based Tekever, Indian startup Airbound, and US-based Ulysses Ecosystems.
Funds utilisationD-Fend Solutions
The funding will enable the company to solidify its technological leadership and capabilities, expand its market reach into new territories and sectors, and advance its ability to tackle new and evolving drone risks. This investment will further support efforts to address constantly changing threats, penetrate additional market segments, integrate with more partners and technologies, and establish a stronger global presence for the company.
It comes on the heels of strong continuous year-over-year revenue growth of over 60% and diverse and balanced expansion across geographies, sectors, and use cases.
In addition to the investment, IGP General Partner Uri Erde joined D-Fend’s Board of Directors, joining existing investor board members Yoram Oron of Vertex Ventures and Rami Hadar of Claridge Israel.
Safe and secure drone adoption
Founded by Assaf Monsa, Yaniv Benbenisti, and Zohar Halachmi in 2017, D-Fend Solutions works with the mission to create innovative, non-disruptive counter-drone solutions that address the evolving challenges in airspace security. The company’s origins lie in the understanding that traditional counter-drone methods, such as jamming or physical interception, often cause collateral damage or operational disruptions. Instead, D-Fend sought to develop a more sophisticated and precise approach using radio frequency (RF) technology.
EnforceAir, a flagship RF tech
D-Fend’s flagship technology, EnforceAir, employs RF cyber-takeover techniques to safely neutralise rogue drones without collateral damage or operational disruption in a highly controlled and surgical manner. Recognised by Booz Allen Hamilton as an innovator for its cyber takeover effector within the top emerging defence and security technology of non-kinetic counter-UAS, D-Fend Solutions has led cyber takeover as a distinct and essential technology category within this space.
With thousands of successful deployments performed worldwide in the most challenging real-life scenarios and for the most demanding end users, EnforceAir focuses on the most dangerous drone threats in the military, public safety, airports, prisons, major events, critical infrastructure, and other environments. It ensures the smooth flow of communications, commerce, transportation, and everyday life.
What lies ahead for the company?
Leveraging its RF-based counter-drone technology, the company is poised for growth in the expanding drone defence market. With over 60% revenue growth and global deployments, it’s set to dominate critical infrastructure, scale operations, penetrate new markets, and evolve technology to tackle increasingly sophisticated drone threats.
“D-Fend Solutions fits the profile and model which we find very attractive—a category-creating company that develops and deploys deep and defensible technology to address threats posed by the mass proliferation of beneficial but also potentially dangerous devices and products, in this case drones,” said Uri Erde, General Partner of Israel Growth Partners. “Their innovative approach to counter-drone security, drawing upon a multi-disciplinary approach crossing air defence, electronic warfare and cybersecurity domains, combined with their reputation and proven ability to deliver and meet the needs of militaries, homeland security, and law enforcement agencies, positions them as a market leader in safeguarding sensitive environments against rapidly rising drone threats.”
“This funding is a testament to the trust our investors have in our vision, technology, growth, brand, and customer base,” said Zohar Halachmi, CEO and Chairman of D-Fend Solutions. “The growing size, scope, and complexity of rogue drone threats demands advanced, precise, and reliable solutions. This investment will enable us to continue innovating and expanding our capabilities, ensuring we remain at the forefront of counter-drone technology, while delivering unparalleled control, safety and, uniquely, operational continuity to our global defence, homeland security, law enforcement, airport, and critical infrastructure customers.”
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