Drone manufacturer Matternet Inc. has scooped up nearly $9.5 million to fund their line of delivery drones. The SEC reports that the drone company based in Menlo Park, CA has raised almost $9.5 million out of a $11.5 million goal in a funding round that has attracted over 30 investors so far. Investors in previous rounds include Silicon Valley venture capital firm Andreeson … [Read more...] about Matternet Scoops Up Big Funds for Delivery Drones
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Meet Recon Aerial Media: a New Model of Drone Franchise
As drone regulations open up for commercial operators in the U.S., drone operators who want to fly - and customers who want to be sure of finding qualified operators - have new options. Meet Brian Stoneman, founder of Canadian drone startup Recon Aerial Media, creating a new model of drone franchise. While most franchises take a "top down" approach - offering business owners … [Read more...] about Meet Recon Aerial Media: a New Model of Drone Franchise
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
