The tiny Zano drone hasn't exactly been a success story - the ambitious and well-hyped Kickstarter project failed, even after receiving $3 million in funding. But in this video the team from Roswell Flight Test Crew is back, talking to Vernon Kerswell of Extreme Fliers, who acquired the assets and is hoping to revive the Zano as an open-source … [Read more...] about Will the Zano Drone Rise from the Dead?
Drone Funding
PrecisionHawk Secures $75 Million: What That Means for the Rest of the Drone Industry
Leading enterprise drone solution company PrecisionHawk has just secured a $75 million round of funding. It's a win that has major significance for the company and the entire drone industry. This latest round is funded by a diverse group of venture and strategic investors. CEO Michael Chasen says that all of the company's previous investors came back, and new investors … [Read more...] about PrecisionHawk Secures $75 Million: What That Means for the Rest of the Drone Industry
Teenager Raises $2.8 million for Drone Business
George Matus just graduated from high school in May, but he's going to skip college - he's been awarded a $100,000 Thiel fellowship to pursue his innovation instead - and he already knows what his first "real" job will be. His drone business launches today, after raising $2.8 million in seed funding. The company is called Teal, and it sells what it describes as "the world's … [Read more...] about Teenager Raises $2.8 million for Drone Business
SwarmX Gets Funding From One of India’s Biggest Angel Investors
SwarmX, the Singapore-based drone startup offering the HiveMind OS, has received an undisclosed amount of private funding from one of India's most active angel investors, TV Mohandas Pai. T.V. Mohandas Pai, chairman of Manipal Global Education and former CFO and HR head of Infosys, has been an active investor in many startups in addition to being a high-profile … [Read more...] about SwarmX Gets Funding From One of India’s Biggest Angel Investors
Airware Raises $30 million, Launches New Drone Solution
San Francisco drone services company Airware announced that they have received $30 million in Series C funding, led by Next World Capital (NWC). Airware says that the funding will be used to build out the company's existing business infrastructure, as well as to utilize the NWC platform to expand into the European market. Next World Capital offers a European Expansion … [Read more...] about Airware Raises $30 million, Launches New Drone Solution
