# Series C drones investors (2026 list)

> 23 series C drones investors, 100% active in the last 12 months. Led by Sequoia Capital, Accel, Khosla Ventures. Ranked by what they funded.

Source: https://millionrounds.com/lists/series-c-drone-investors (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Series C drones investors

Updated 7 November 2026

Firms we have watched take part in a Series C round raised by a drones company in the last two years. Both the stage and the sector are what they did, not what their website says.

[See all 23 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fseries-c-drone-investors)The top 23

**23** investors on the list No change this week

**1,063** cheques in 12 months *+15%* against the market

**$40M** median round they joined *+400%* against the market median

**100%** wrote a cheque in 12 months

**74%** have led a round

## The Top 23

Ordered by cheques observed, never by anything anyone paid for

Deploying now (23)

- 1 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) *Deploying now* VC firm · United States **2,099** **$35M** median round **Nov 2026** last seen
- 2 [Accel](https://millionrounds.com/fund/accel) *Deploying now* VC firm · United States **1,341** **$32M** median round **Nov 2026** last seen
- 3 [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) *Deploying now* VC firm · United States **1,128** **$26M** median round **Nov 2026** last seen
- 4 [BoxGroup](https://millionrounds.com/fund/boxgroup) *Deploying now* VC firm · United States **773** **$18M** median round **Nov 2026** last seen
- 5 [DFJ](https://millionrounds.com/fund/dfj) *Deploying now* VC firm · United States **526** **$52M** median round **Nov 2026** last seen
- 6 [Spark Capital](https://millionrounds.com/fund/spark-capital) *Deploying now* VC firm · United States **471** **$40M** median round **Oct 2026** last seen
- 7 [Lux Capital](https://millionrounds.com/fund/lux-capital) *Deploying now* VC firm · United States **445** **$30M** median round **Nov 2026** last seen
- 8 [DCVC](https://millionrounds.com/fund/data-collective) *Deploying now* VC firm · United States **431** **$29M** median round **Nov 2026** last seen
- 9 [Balderton Capital](https://millionrounds.com/fund/balderton-capital) *Deploying now* VC firm · United Kingdom **368** **$30M** median round **Oct 2026** last seen
- 10 [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) *Deploying now* VC firm · United States **261** **$50M** median round **Nov 2026** last seen
- 11 [Ribbit Capital](https://millionrounds.com/fund/ribbit-capital) *Deploying now* VC firm · United States **205** **$60M** median round **Oct 2026** last seen
- 12 [Notion Capital](https://millionrounds.com/fund/notion-capital) *Deploying now* VC firm · United Kingdom **202** **$9.2M** median round **Oct 2026** last seen
- 13 [Lakestar](https://millionrounds.com/fund/lakestar) *Deploying now* VC firm · Switzerland **168** **$18M** median round **Oct 2026** last seen
- 14 [Peter Thiel](https://millionrounds.com/fund/peter-thiel) *Deploying now* Angel · United States **93** **$50M** median round **Oct 2026** last seen
- 15 [MANTIS Venture Capital](https://millionrounds.com/fund/mantis-venture-capital) *Deploying now* VC firm · United States **90** **$20M** median round **Oct 2026** last seen
- 16 [Bedrock](https://millionrounds.com/fund/bedrock) *Deploying now* VC firm · United States **9** **$100M** median round **Sept 2026** last seen
- 17 [Infinite Capital](https://millionrounds.com/fund/infinite-capital-3) *Deploying now* VC firm · United States **5** **$300M** median round **Oct 2026** last seen
- 18 [Thiel Capital](https://millionrounds.com/fund/thiel-capital) *Deploying now* VC firm · United States **5** **$40M** median round **Aug 2026** last seen
- 19 [Ora Global](https://millionrounds.com/fund/ora-global) *Deploying now* VC firm · United States **4** **$105M** median round **Oct 2026** last seen
- 20 [Never Lift](https://millionrounds.com/fund/never-lift) *Deploying now* VC firm · United States **3** **$45M** median round **Aug 2026** last seen
- 21 [Porsche Automobil Holding SE](https://millionrounds.com/fund/porsche-automobil-holding-se) *Deploying now* Growth equity **3** **$208M** median round **May 2026** last seen
- 22 [American Strategic Technology Fund (ASTF)](https://millionrounds.com/fund/american-strategic-technology-fund-astf) *Deploying now* Growth equity **1** **$250M** median round **Aug 2026** last seen
- 23 [Elad Gil & Co](https://millionrounds.com/fund/elad-gil-and-co) *Deploying now* Growth equity **1** **$300M** median round **Aug 2026** last seen

## The Newest Cheques

Rounds this list's investors joined most recently

- **6** Nov **[Thinking Machines Lab](https://millionrounds.com/company/thinking-machines-lab)** Other · $5B *Led by* [Accel](https://millionrounds.com/fund/accel)
- **5** Nov **[Circularity Fuels](https://millionrounds.com/company/circularity-fuels)** Seed · $7M *Led by* [DCVC](https://millionrounds.com/fund/data-collective)
- **5** Nov **[Zipline](https://millionrounds.com/company/zipline)** Growth · $1.5B *With* [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners)
- **4** Nov **[Corridian](https://millionrounds.com/company/corridian)** Seed · $38M *With* [DCVC](https://millionrounds.com/fund/data-collective)
- **3** Nov **[Traversal](https://millionrounds.com/company/traversal)** Series B · $120M *Led by* [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures)
- **3** Nov **[Applied Compute](https://millionrounds.com/company/applied-compute)** Other · $350M *With* [Lux Capital](https://millionrounds.com/fund/lux-capital)

## Stages This Year

886 rounds

- Series A **19%**
- Series B **16%**
- Seed **15%**
- Venture **13%**
- Series C **9%**
- Other **29%**

## What They Backed

Sectors, last 12 months

- AI **501**
- Fintech **72**
- Robotics **57**
- Healthcare **54**
- Big Data & Analytics **47**
- Biotech **46**

## Cheques by Quarter

Led Joined

206 Q1 25

257 Q2 25

264 Q3 25

286 Q4 25

293 Q1 26

280 Q2 26

285 Q3 26

87 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [Seed AI investors 2,922](https://millionrounds.com/lists/seed-ai-investors)
- [Series A AI investors 2,490](https://millionrounds.com/lists/series-a-ai-investors)
- [Series B AI investors 1,557](https://millionrounds.com/lists/series-b-ai-investors)
- [Pre-seed AI investors 1,286](https://millionrounds.com/lists/pre-seed-ai-investors)
- [Growth AI investors 1,186](https://millionrounds.com/lists/growth-ai-investors)
- [Series A fintech investors 950](https://millionrounds.com/lists/series-a-fintech-investors)
- [Series C AI investors 930](https://millionrounds.com/lists/series-c-ai-investors)
- [Seed fintech investors 925](https://millionrounds.com/lists/seed-fintech-investors)
- [Series A biotech investors 650](https://millionrounds.com/lists/series-a-biotech-investors)

[All investor lists *→*](https://millionrounds.com/lists)

## Reading for founders at Series B and scaling

- Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies Reid Hoffman · 2018 3.95 from 7,118 ratings on Goodreads Scaling and operations Leading and managing Moats and competition About the book Foreword by Bill Gates LinkedIn cofounder, legendary investor, and host of the award-winning Masters of Scale podcast reveals the secret to starting and scaling massively valuable companies. What entrepreneur or founder doesn’t aspire to build the next Amazon, Facebook, or… On AmazonListen on Audible
- One Page Talent Management: Eliminating Complexity, Adding Value Marc Effron · 2010 4.00 from 311 ratings on Goodreads Leading and managing Hiring and culture Scaling and operations About the book A Revolutionary Approach to Talent Management You know that winning in today’s marketplace requires top quality talent. You also know what it takes to build that talent, and you spend significant financial and human resources to make it happen. Yet somehow, your company’s… On AmazonListen on Audible
- The Culture Code: The Secrets of Highly Successful Groups Daniel Coyle · 2017 4.24 from 37,412 ratings on Goodreads Hiring and culture Leading and managing About the book What do Pixar, Google and the San Antonio Spurs basketball team have in common?The answer is that they all owe their extraordinary success to their team-building skills. In The Culture Code, Daniel Coyle goes inside some of the most effective organisations in the world and… On AmazonListen on Audible
- Scaling Up: How a Few Companies Make It...and Why the Rest Don't Verne Harnish · 2014 4.16 from 6,229 ratings on Goodreads Scaling and operations Leading and managing About the book Winner of the 2015 International Book Awards for General Business Winner of the 2015 National Indie Excellence Award for General Business Winner of the 2015 Readers' Favorite International Book Award Gold Medal for Non-Fiction Business Winner of the 2015 Paris Book… On AmazonListen on Audible

More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&stage=scaling).

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about series C drones investors

### Who are the most active series C drones investors?

By cheques observed, the most active are Sequoia Capital, Accel, Khosla Ventures, BoxGroup and DFJ.

### How many series C drones investors are there?

23 are on record. 100% made an investment in the last 12 months and 74% have led a round.

### Which stages do series C drones investors back?

Of the rounds with a named stage in the last 12 months, mostly Series A (25%) and Series B (20%).

### How big are the rounds series C drones investors join?

The typical (median) round among the leading investors here is $40M.

### Which sectors do series C drones investors back most?

In the last 12 months, mostly AI, Fintech and Robotics.

### Which series C drones investors lead the most rounds?

Accel (103 led), Sequoia Capital (91 led) and Khosla Ventures (57 led).

### Where are series C drones investors based?

Among the most active, most are based in the United States (17), the United Kingdom (2) and Switzerland (1).

### What have series C drones investors invested in recently?

Recent rounds include Thinking Machines Lab (Other, Nov 2026, with Accel), Circularity Fuels (Seed, Nov 2026, with DCVC) and Zipline (Growth, Nov 2026, with Valor Equity Partners).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)