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Chronicles

The story behind the story

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Percepto, which builds drones for applications in industrial purposes, raises $45M Series B and integrates its Sparrow drones with Boston Dynamics' Spot

Consumer drones have over the years struggled with an image of being no more than expensive and delicate toys.

TechCrunch Ingrid Lunden

Context & Ripple Effects

This round marks the middle beat of Percepto's funding arc: after a $15M Series A led by USVP and Arkin Holdings in 2019 for autonomous drones serving energy, oil, and gas operators, the $45M Series B funds scaling that same industrial focus — and the company would go on to raise a [[a:$67M Series C led by KDT|Series C]] in 2023.

The headline technical move is the pairing of Percepto's Sparrow drone with Boston Dynamics' Spot robot dog, an air-plus-ground autonomy stack for industrial sites. The pattern has since proven durable: Asylon raised a $26M Series B in 2025 building its DroneDog product on the same Spot platform.

First-order effects

  • Percepto's energy, oil, and gas customers get a single autonomous inspection system combining aerial patrols via Sparrow with ground-level coverage via Spot — capital that extends the runway opened by the 2019 Series A.

Second-order effects

  • Boston Dynamics gains another industrial integrator building on Spot, deepening the robot dog's ecosystem beyond its own sales channel; competitors like Measure, which sells drones-as-a-service, now compete against vertically integrated hardware-software platforms like Percepto.

Third-order effects

  • If the Asylon precedent holds, air-ground robot combinations on shared platforms become the standard architecture for site inspection — favoring companies that own both the fleet software and the multi-modal hardware over pure service providers.

The trend: Industrial autonomy is consolidating around multi-robot platforms that pair aerial drones with ground robots on one software stack, with successive funding rounds tracking the shift.