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 Startups
Genius NY Seeks New Drone Empires for the Empire State
Genius NY is offering a million dollars to the right drone startup. GENIUS NY is "an in-residence business accelerator program at CenterState CEO's Tech Garden in Syracuse, New York." The oldest and most well-known incubator in Upstate New York, the Tech Garden supplies space and support to over 70 technology members. Funded with $5 million from NYS Empire State Development … [Read more...] about Genius NY Seeks New Drone Empires for the Empire State
“Drone as a Service” Company Measure Raises $15 million
Measure, the nation’s leading Drone as a Service® operator, announced today that it has raised $15 million in Series B financing with LionTree Advisors acting as the financial advisor. Cognizant Technology Solutions joined the company's original investors. Measure has an innovative business model: it has created anational network of licensed pilots who "provide turnkey … [Read more...] about “Drone as a Service” Company Measure Raises $15 million
DroneDeploy Announces New Financing, New Plans [Interview]
DroneDeploy, the leading cloud software platform for commercial drones, announced today that they have raised $20 million in Series B financing led by Scale Venture Partners. The new investment brings DroneDeploy's total funding to $31 million. DRONELIFE spoke with DroneDeploy CEO Mike Winn and SVP of Marketing Darr Gerscovich about DroneDeploy's explosive growth, the … [Read more...] about DroneDeploy Announces New Financing, New Plans [Interview]
Homeland Security Seeks Drone Startups to Fund
The Department of Homeland Security is looking for a few good drone startups. As part of an effort to connect with innovative industry, Homeland Security held an industry event last week in order to meet "nontraditional contractors" who might be able to provide the drone technology that they need. A notice posted on FedBizOpps said that Customs and Border Protection, the … [Read more...] about Homeland Security Seeks Drone Startups to Fund
