Drone Startups

Genius NY Applications Open $1 M Prize Drone Startups

New York state is betting on the drone, robotics and IoT industries in a big way.  With recognition that these industries have the potential to drive major economic development in the area, the GENIUS NY program  – an in-residence accelerator operated out of Syracuse, NY – is offering $3 million in …

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Genius NY is Looking for Startups: Million Dollar Accelerato…

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 …

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Drone Delivery Startup Volansi Lands $10 Million Series B

Source: Volansi 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 …

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Drone Industry Investment: DroneBase Scores Additional $7.5 …

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 …

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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 …

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Automated Drones are a Major Drone Industry Sector: Airoboti…

“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 …

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Seeking Investments, Krypto Labs Drone Contest Kicks Off: $5…

Abu Dhabi arguably has loads to supply entrepreneurs, and the cutting-edge services at Krypto Labs are actually spectacular.  But for drone startups, the $500,000 funding prize supplied by the enterprise incubator could be received by corporations working wherever on the earth. Krypto Labs is “an all-in-one business incubator, accelerator and …

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GeniusNY Announces 16 Semi-Finalists for $three Million in Fundi…

GENIUS NY, Syracuse’s main enterprise accelerator program based mostly out of HeartState CEO’s Tech Garden, has introduced the sixteen groups named as semi-finalists in the competitors’s second spherical. The groups will compete for $three million in funding funding, together with a $1 million grand prize funding. Genius NY is a …

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New York’s 50 Mile Drone Corridor Shows Heavy Investment in …

New York’s Governor Andrew Cuomo has introduced his state’s partnership between NASA and the Northeast UAS Airspace Integrations Research Alliance, and the $30 million funding NY has made in the event of a 50-mile drone hall and new drone testing facility. The funding is the newest New York has made …

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Follow the Money: New Report Tracks Top 10 in Drone Funding

Yuneec Typhoon H Funding rounds for drone corporations have gotten greater and larger as the trade matures.  A brand new report from CB Insights names the trade’s high 10 funding offers since 2012. Some of the high recipient corporations provide no shock – DJI takes the #1 (and ties for …

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