BRINC, an emerging leader in the public safety drone market, has announced a $25 million Series A funding round. Financing was led by Index Ventures with participation from Sam Altman, Tusk Venture Partners, Jeff Weiner’s Next Play Ventures, Dylan Field, Elad Gil, Patrick Spence, Alex Wang, and former Acting Secretary of Defense, Patrick Shanahan. BRINC previously raised a … [Read more...] about Public Safety Drone Market: BRINC Scores $25 Million in Series A Funding
Drone Funding
Investment in Drone Companies Shifts as Drone Technology Matures: U.S.-Based Skyfish Scores $20 Million
U.S. drone manufacturer Skyfish announced a $20 million funding round, in a further indication that investment in drone companies is shifting to reward companies that are offering advanced technology for an established sector. The drone industry has often been accused of being a solution in search of a problem, but as drone technology matures that can no longer be said. … [Read more...] about Investment in Drone Companies Shifts as Drone Technology Matures: U.S.-Based Skyfish Scores $20 Million
Genius NY Deadline Extended Until April 30, 2021
Good news for drone entrepreneurs! The Genius NY deadline for application has been extended to April 30, 2021, giving drone companies another chance to try for the $1 million top prize. Five finalists will share the $3 million dollar prize money, with one company scoring the top prize. Almost more importantly than the funding, however, are the opportunities that Genius NY - … [Read more...] about Genius NY Deadline Extended Until April 30, 2021
Genius NY is Looking for Startups: Apply Now for the Million Dollar Accelerator
Applications are now open for New York's startup accelerator program, GENIUS NY. "The world’s largest accelerator competition for unmanned technology start-ups is now accepting entries for its 5th year. Five finalists will be selected for this year’s program and split a total of $3 million in cash with the winner taking home a $1 million top prize. Applications are open … [Read more...] about Genius NY is Looking for Startups: Apply Now for the Million Dollar Accelerator
Edgybees Announces Funding: $9.5 M in Series A Funding for Drone Ecosystem Player
Drone industry solution provider Edgybees has received $9.5 million in Series A funding as investor interest in the entire drone industry ecosystem continues. Maryland-based Edgybees was started in 2017, and enables drone missions in defense, public safety, and critical infrastructure by providing high precision geo-tagging of real-time video feeds. The latest announcement … [Read more...] about Edgybees Announces Funding: $9.5 M in Series A Funding for Drone Ecosystem Player
