Drone delivery provider Volansi just delivered some good news to its investors. The CA-based startup landed $50 million in Series B funding from current investors Lightspeed Venture Partners and YCombinator as well as new investors Harpoon Ventures and Merck Global Health Innovation Fund. Volansi provides automated drone delivery for time-critical parts and medical … [Read more...] about Drone Delivery Startup Volansi Lands $50 Million Series B
Drone Startups
Drone Industry Investment: DroneBase Scores Additional $7.5 Million
Drone industry investment hasn't dried up in the current crisis. CA-based aerial data analytics company DroneBase has announced another $7.5 million round - after months of record-setting revenue. Last year, before the coronavirus threw all assumptions and expectations into question, leading drone market analysts DRONEII posited that the drone hype cycle was over - but that … [Read more...] about Drone Industry Investment: DroneBase Scores Additional $7.5 Million
Investors’ Appetite for Drone Technology Still Strong
It seems to be the season for funding announcements: and a recent spate of press releases from drone companies indicates that the sector is still desirable. The drone industry has seen some noted consolidations and exits in the last few years. Commercial drone solutions provider Airware shut down last year after burning through $118 million in funding. Tethered and … [Read more...] about Investors’ Appetite for Drone Technology Still Strong
Automated Drones are a Major Drone Industry Sector: Airobotics Scores Another $30 million
"Automation" is one of the drone industry's favorite words this year - and the first startup to introduce a fully automated industrial drone solution is demonstrating why. Airobotics is an ideal solution for industrial applications that require aerial data and monitoring, but limited human staffing. The Israeli-based startup is growing rapidly. They've moved from the "cool … [Read more...] about Automated Drones are a Major Drone Industry Sector: Airobotics Scores Another $30 million
Seeking Investments, Krypto Labs Drone Contest Kicks Off: $500,000 for the Most Innovative Tech Startup
Abu Dhabi arguably has a lot to offer entrepreneurs, and the state of the art facilities at Krypto Labs are certainly impressive. But for drone startups, the $500,000 funding prize offered by the business incubator can be won by companies operating anywhere in the world. Krypto Labs is "an all-in-one business incubator, accelerator and co-working space for start-ups and … [Read more...] about Seeking Investments, Krypto Labs Drone Contest Kicks Off: $500,000 for the Most Innovative Tech Startup
