XTEND Funding: Company Raises $20 Million for Life Saving Drone Operating System by Ian M. Crosby Today, XTEND, a human-guided, AI-operated drone system enabling operators to more safely undertake complex missions, has announced it has raised $20 million in equity financing as part of its Series A fundraising round. Chartered Group led the round, with participation from … [Read more...] about XTEND Funding: $20 Million Raise for Human-Guided, AI-Operated Drone System
drone industry funding
Zipline Funding: $250 Million Raise to Bring Drone Delivery to New Places and New Industries
A Zipline funding round of $250 million raises the medical drone delivery company's valuation to $2.75 billion - and will fuel expansion into new geographies and new industries. Zipline already boasts the world's largest automated on-demand delivery service. Utilizing specially designed and manufactured aircraft, Zipline has established themselves in developing countries … [Read more...] about Zipline Funding: $250 Million Raise to Bring Drone Delivery to New Places and New Industries
Terra Drone Funding: Leading Drone Solution Provider Scores $14.4 Million in Series A
Global investment in the drone industry continues, as leading drone services provider Terra Drone funding increases by a $14.4 million Series A round. Terra Drone Corporation has had a steep rise since starting in Japan in 2016, to be named a top Drone Services Provider Drone Industry Insights last year. Today, the company announced that they have close a JPY 1.5 billion … [Read more...] about Terra Drone Funding: Leading Drone Solution Provider Scores $14.4 Million in Series A
Latest DroneDeploy Funding Round Adds $50 Million for Expansion
A new round of DroneDeploy funding adds $50 million to the company, bringing the total to date to $142 million: which a company release says is the most to date for any drone data company. This latest Series E funding round is the result of DroneDeploy's explosive growth (they report a 259% annual growth in enterprise use in 2020) and impressive user base. The announcement … [Read more...] about Latest DroneDeploy Funding Round Adds $50 Million for Expansion
Ware Closes Funding Round: the Drone Solution for Warehouse Inventory Counting
The latest drone industry startup to score new funding is CA-based Ware, a technology startup deploying autonomous drones for warehouse inventory counting. The Ware funding, $2.5 million in seed-round funding, is heavily driven by drone industry insiders who recognize the potential market for warehouse applications. The Ware funding round was led by "UP Partners, with … [Read more...] about Ware Closes Funding Round: the Drone Solution for Warehouse Inventory Counting
