Warsaw-based defense technology company Orbotix Industries has successfully closed a €6.5 million funding round to advance its AI-powered autonomous drone systems and expand manufacturing capabilities across the European Union. The strategic investment round was led by BVVC Fund, with participation from Gustav Söhne Verwaltung GmbH & Co. KG and Leryon Global … [Read more...] about Orbotix Secures €6.5 Million to Accelerate Drone Swarming Technology in Europe
Venture Capital
Drone Industry Funding Sees Significant Drop in 2023: The Latest from Drone Industry Insights
Drone Industry Insights has published their latest report detailing the state of Drone Industry Investments. The research is an in-depth analysis: but one stark fact stands out in the summary. In the realm of drone industry funding, the year 2023 witnessed a notable downturn, marking a departure from the meteoric rise seen in previous years. Data gleaned from investment … [Read more...] about Drone Industry Funding Sees Significant Drop in 2023: The Latest from Drone Industry Insights
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
Drone.VC – Is the timing right?
Last week, we reported on the Robotics and Drone Index, a benchmark index compiled for UBS by Solactive AG to track companies that develop automated robotics as well as drone solutions. This week it's the introduction of Drone.VC, a syndicated drone venture fund led by entrepreneur David Weekly (founder of Hacker Dojo). Under the Angelist umbrella, the fund will be … [Read more...] about Drone.VC – Is the timing right?
