Skyports Raises USD 23M in First Close of Series B Funding Round by DRONELIFE Staff Writer Ian M. Crosby Advanced air mobility leader Skyports has acquired USD 23 million in the first close of its Series B funding round. The funding, raised from a mix of new and existing investors, will allow the company to strengthen its status as a global leader in the advanced air … [Read more...] about Skyports Raises $23 Million in Series B
Drone Financing
Terra Drone Financing: $70 Million Series B Raise to Accelerate Growth
Terra Drone Financing on a Roll: $70M in Series B Funding by DRONELIFE Staff Writer Ian M. Crosby Drone and Urban Air Mobility (UAM) leader Terra Drone Corporation has announced that it has closed $70 million USD (8 billion Japanese yen) in its Series B funding round, receiving investments from Mitsui & Co., Ltd., SBI Investment Co., Ltd., Tokyu Land Corporation, … [Read more...] about Terra Drone Financing: $70 Million Series B Raise to Accelerate Growth
New Azur Drones Funding Shows Industry Investment Going Strong
Investment in the drone industry is still going strong, as an Azur Drones funding announcement indicates. The French drone manufacturer has received an additional $2.9 million in new financing from a private investor, bringing the total financing for the autonomous drone solutions provider to almost $29 million over four years. This most recent round of financing is … [Read more...] about New Azur Drones Funding Shows Industry Investment Going Strong
Money Continues to Flow into Drone Delivery Companies
The investment community continues to show their faith in the future of drone delivery. Drone Delivery Canada (DDC) announced that it has closed a financing deal for about C$10 million (about $7.5 million USD. The deal follows the recent announcement of DDC's development of a large cargo drone, introduced last month. The single-rotor vehicle, called the Condor, offers a … [Read more...] about Money Continues to Flow into Drone Delivery Companies
GENIUS NY Doubles Investments in Program’s Third Round Drone Finalists to $500,000
Teams Will Now Compete for One of Five Investments; $1 million Top Prize and Four awards of $500,000 Each GENIUS NY , a business accelerator program at CenterState CEO’s Tech Garden, today announced a new investment structure for round three of the innovative GENIUS NY unmanned aerial systems (UAS) business program. Five finalist teams will be selected from a pool of … [Read more...] about GENIUS NY Doubles Investments in Program’s Third Round Drone Finalists to $500,000
