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UVify - About the company

UVify is a series B company based in Delaware (United States), founded in 2014 by Hyon Lim. It operates as a Developer of drones for consumer, enterprise, and civil applications. UVify has raised $46.6M in funding from investors like Korea Institute of Startup & Entrepreneurship Development, Small and Medium Business Administration and Kakao Ventures. The company has 21 active competitors, including 5 that are funded. Its top competitors include companies like BotLab Dynamics, Nova Sky Stories and Verge Aero.

Company Details

UVify is a Korean company that develops unmanned aerial vehicles for aerial cinematography, freestyle flying, and racing purposes. Its chief offering Draco is a standalone unit with nylon/carbon fiber arms featuring an endurance of up to seven minutes and is offered in a variety of configurations with radio transmitters, goggles, radio controls, and carrying packs. Its other offerings include a quadcopter FPV micro-drone, a ready-to-fly choreography light show drone, among others.
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Key Metrics
Founded Year
2014
Location
Delaware, United States
Stage
Series B
Total Funding
$46.6M in 5 rounds
Latest Funding Round
Ranked
Employee Count
20 as on May 31, 2026
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UVify's funding and investors

UVify has raised a total funding of $46.6M over 5 rounds. Its latest funding round was a Series B round on Jun 01, 2026 for $*****. 1 investor participated in its latest round. UVify has 6 institutional investors.

Here is the list of recent funding rounds of UVify:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 01, 2026
9042158
Series B
3376383
5616243
5029455
9905310
Feb 25, 2026
3075449
Series B
2963104
5142726
7581724
Jan 29, 2016
3842454
Series A
3591323
3455574
5556243
9855372
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UVify's founders and board of directors

Founder? Claim Profile
The founders of UVify is Hyon Lim. Hyon Lim is the CEO of UVify.
Here are the details of UVify's key team members:

UVify's employee count trend

UVify has 20 employees as of May 26. Here is UVify's employee count trend over the years:
Employee count trend for UVify
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UVify's Competitors and alternates

Top competitors of UVify include BotLab Dynamics, Nova Sky Stories and Verge Aero. Here is the list of Top 10 competitors of UVify, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for BotLab Dynamics
BotLab Dynamics
2016, Delhi (India), Series A
Provider of customized drone light shows for corporate, government, and private events
$14.3M
66/100
2nd
Logo for UVify
UVify
2014, Delaware (United States), Series B
Developer of drones for consumer, enterprise, and civil applications
$46.6M
59/100
3rd
Logo for Nova Sky Stories
Nova Sky Stories
2022, Boulder (United States), Series A
Operator of drone systems for entertainment and storytelling experiences
$50M
49/100
4th
Logo for Verge Aero
Verge Aero
2016, Philadelphia (United States), Seed
Developer of integrated drone hardware and software for light shows
$350K
40/100
5th
Provider of drone light shows for events and brand activations
-
-
31/100
6th
Logo for Firefly Drone shows
Firefly Drone shows
2017, Detroit (United States), Unfunded
Manufacturer of light show drones and service providers
-
-
29/100
7th
Logo for Drotek
Drotek
2011, Avignonet Lauragais (France), Unfunded
Drones and systems for Drone light shows
-
-
29/100
8th
Logo for SKY MAGIC
SKY MAGIC
2017, Singapore (Singapore), Unfunded
Provider of drone light show services for live events applications
-
-
28/100
9th
Logo for Aerolyt
Aerolyt
2024, Chennai (India), Unfunded
A company in drone swarming technology, specializing in unmanned aerial systems and drone light shows
-
-
27/100
10th
Logo for Flybit Dynamics
Flybit Dynamics
2024, Ahmedabad (India), Unfunded
Online platform for drone light show experiences
-
-
24/100
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UVify's Investments and acquisitions

UVify has made no investments or acquisitions yet.

Reports related to UVify

Here is the latest report on UVify's sector:

News related to UVify

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FAQs about UVify

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