Funding rounds for drone companies have gotten bigger and bigger as the industry matures. A new report from CB Insights names the industry's top 10 funding deals since 2012. Some of the top recipient companies offer no surprise - DJI takes the #1 (and ties for number 9) spot at $105M; competitor Yuneec takes #2 for a round led by Silicon Valley giant Intel. But those who … [Read more...] about Follow the Money: New Report Tracks Top 10 in Drone Funding
Drone Investment
3DR Back in the Game with New Funding Round
Berkeley-based drone manufacturer 3DR may be back in the game: the company announced $53 million in Series D funding on Thursday. This announcement comes less than a year from 3DR's last influx of $26.7 million last June. The new round included both new equity and conversion of debt equity: how much of each has not yet been disclosed. But clearly, investors are still … [Read more...] about 3DR Back in the Game with New Funding Round
The Startup Showdown is Back at AUVSI
The Startup Showdown is back this year at AUVSI's Xponential 2017 - an event you can't miss for the sheer "wow, really?" reactions that come from hearing about new technology from cutting-edge drone companies. The sixteen semi-finalists will be narrowed down to the top 3, during a closed door Knockout Round when competitors will pitch their companies to the panel of judges. … [Read more...] about The Startup Showdown is Back at AUVSI
In Search of 2017’s Best Drone Startup
An expert panel of judges from top investment firms has made the first cut. Of the 65 drone startups who submitted their applications to The Association for Unmanned Vehicle Systems International (AUVSI) to compete in the Startup Showdown at AUVSI's XPONENTIAL 2017 conference, the list has been winnowed to 16 semi-finalists. The 65 applicant companies covered a huge variety … [Read more...] about In Search of 2017’s Best Drone Startup
GoPro’s Bad Karma: Lawsuit Claims Violations of Securities Exchange Act
The epic failure of the Karma drone has led to more worries for GoPro. Lawfirm Bronstein, Gewirtz & Grossman, LLC has notified investors of a class action lawsuit filed against the company and some officers, on behalf of shareholders who purchased GoPro stock between September 19, 2016 and November 4, 2016. The suit seeks to recover damages against GoPro for alleged … [Read more...] about GoPro’s Bad Karma: Lawsuit Claims Violations of Securities Exchange Act
