Applications are now open for New York's startup accelerator program, GENIUS NY. "The world’s largest accelerator competition for unmanned technology start-ups is now accepting entries for its 5th year. Five finalists will be selected for this year’s program and split a total of $3 million in cash with the winner taking home a $1 million top prize. Applications are open … [Read more...] about Genius NY is Looking for Startups: Apply Now for the Million Dollar Accelerator
Drone Startups
Drone Delivery Startup Volansi Lands $50 Million Series B
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 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
