Its enterprise drone is fit for construction, mining, and insurance companies, but the question is whether companies already catering to those audiences and adding drone capabilities will win out over this well-funded newcomer. QuickTake THE FACTS: In June 2016, drone manufacturer Kespry announced the close of a $16 million Series B equity financing round. It included … [Read more...] about Can Kespry Overcome Its Brand Challenge?
Business and Finance
Venture-Backed Chinese Xiaomi Introduces Fitness Drone
Chinese smartphone manufacturer Xiaomi Inc. is adding a new fitness drone to its product line of smartphones and wearables, according to Chinese media reports. The new fitness drone, called the Mi Drone, may be connected to Xiaomi's fitness tracking wristband. The drone would follow the user as they engaged in exercise by pinging the wristband. The price of the Mi Drone is … [Read more...] about Venture-Backed Chinese Xiaomi Introduces Fitness Drone
