Drone Funding

BRINC, an emerging leader in the public safety drone market, has announced a $25 million Series A funding round.  Financing was led by Index Ventures with participation from Sam Altman, Tusk Venture Partners, Jeff Weiner’s Next Play Ventures, Dylan Field, Elad Gil, Patrick Spence, Alex Wang, and former Acting Secretary …

Good news for drone entrepreneurs! The Genius NY deadline for application has been extended to April 30, 2021, giving drone companies another chance to try for the $1 million top prize. Five finalists will share the $3 million dollar prize money, with one company scoring the top prize.  Almost more …

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 …

Drone industry solution provider Edgybees has received $9.5 million in Series A funding as investor interest in the entire drone industry ecosystem continues.  Maryland-based Edgybees was started in 2017, and enables drone missions in defense, public safety, and critical infrastructure by providing high precision geo-tagging of real-time video feeds. The latest …

If you are looking for a job, or hoping to get into the business, you may want to know where the most drone companies are located.  RS Components has put together a report  outlining the drone capitals of the world.  Using Crunchbase data, the report also looks at investment funding for …

Despite – or maybe even because of -the current pandemic, drone industry investment continues to grow.  The latest announcement comes from Easy Aerial, a leading provider of autonomous drone-based monitoring solutions.  Easy Aerial announces a Series A round of $6.15 M, led by the same private investment group that funded …

While media articles proclaiming the death of the drone industry get a lot of play, investment in the industry is still going strong.   As evidence, enterprise mapping platform DroneDeploy has announced a $35 million Series D funding round. It’s true that venture capital firms are throwing fewer small amounts …

“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 …

As drones turn out to be huge information, so do programs to keep away from them.  Investment in drone protection has elevated as a variety of stakeholders from federal businesses and airports to stadiums and workplace buildings search for options.  San Francisco-based Airspace Systems Inc. has simply scored $20-million from …