(Source: Miami Herald) Drone Aviation Holding Corp., a developer of specialized tethered drones, on Wednesday announced that it has closed a $1 million offering of its Series G Convertible Preferred Stock. Frost Gamma Investments Trust, controlled by healthcare serial entrepreneur Dr. Phillip Frost, has invested $250,000 in the offering. The publicly traded company, … [Read more...] about Drone Aviation Closes $1 million Series G
Funding
Airware Announces Commercial Drone Fund to Invest in Early Stage Drone Startups
Airware is one of, if not the, most well funded drone startups in the world. They manufacture a very sophisticated drone operating system that integrates the company's hardware, software, and cloud storage capabilities to do a lot of fancy flying and aerial data collection. But, despite Airware's extremely advanced, science-fiction-made-real, technology there is still a lot of … [Read more...] about Airware Announces Commercial Drone Fund to Invest in Early Stage Drone Startups
The End of the Droneless World As We Know It: Will We Feel Fine?
“Change is not merely necessary to life - it is life.” ― Alvin Toffler, Future Shock (1970) Philosophers may argue about whether or not technological advances shape human culture or vice versa. As is the norm in philosophical bull sessions, the answer probably lies in the median. To say that the rise of domestic drones will change the world as we know it may be the … [Read more...] about The End of the Droneless World As We Know It: Will We Feel Fine?
Drone Company Investments Take the VC World by Storm
The recent announcement of Chinese drone industry leader DJI raising $75 million from Silicon Valley venture capital firm Accel, underlines a message the drone sector is clearly sending to Wall Street: UAV companies are poised to fly high in billion-dollar market skies. DJI has become the poster child for drone industry success. Sources say the Accel partnership will value … [Read more...] about Drone Company Investments Take the VC World by Storm
Sky-Futures Raises £2.5 Million in Series A Funding from MMC Ventures
Sky-Futures, one of the leading drone inspection service providers for the oil and gas industry announced it has secured £2.5 million (~$3.9 million) in Series A funding from London-based MCC Ventures. The announcement marks the largest Series A investment in drone technology in Europe to date. This investment follows two significant seed rounds, which included prominent … [Read more...] about Sky-Futures Raises £2.5 Million in Series A Funding from MMC Ventures
