Volocopter Raises $170M in First Signing of Series E Financing Round by DRONELIFE Staff Writer Ian M. Crosby Urban air mobility pioneer Volocopter has secured USD 170 million in the initial signing of its Series E funding round, with a pre-money valuation of USD 1.7 billion. Led by South Korean investor WP Investment, the round was composed of funds by new and existing … [Read more...] about Volocopter Raises $170 Million in Series E Funding, Following $200 Million Last Year
drone industry investment
Flytrex Funding Round Will Let Company Expand Drone Delivery Across the US
Flytrex Funding: Company Raises $40M to Expand Drone Delivery Services Across the US by DRONELIFE Staff Writer Ian M. Crosby On-demand drone delivery leader Flytrex has announced that it has raised $40 million in it’s Series C funding round, bringing its total funding to date to $60 million. The round, led by BRM Group, saw participation from OurCrowd, Lukasz Gadowski, … [Read more...] about Flytrex Funding Round Will Let Company Expand Drone Delivery Across the US
XTEND Funding: $20 Million Raise for Human-Guided, AI-Operated Drone System
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
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
Skydio Investment Soars by Another $170 Million
Funding for U.S. drone manufacturers has just broken through another record, as Skydio investment soars by a $170 million Series D round. The Series D round was led by Andreessen Horowitz's Growth Fund. The announcement is the latest chapter in the stunning Skydio story. Introduced in 2019, Skydio's autonomous platform was breakthrough technology for the industry. For the … [Read more...] about Skydio Investment Soars by Another $170 Million
