drone industry funding

Flying Car and Cargo Drone Developer SkyDrive Raises 9.6B Yen (currently $66,432,000 USD) in Series C Funding Round by DRONELIFE Staff Writer Ian M. Crosby Japanese flying car and cargo drone developer SkyDrive Inc. announced its acquisition of 9.6 billion yen in its Series C funding round, bringing the company’s …

Windracers Gains Third Funding Round from UKRI’s Future Flight by DRONELIFE Staff Writer Ian M Crosby Cargo drone developer Windracers has announced a third round of successful funding obtained from UK Research and Innovation’s (UKRI) Future Flight challenge, a program funding technological advancements. Continue reading below, or listen: Future Flight’s …

Dedrone Closes $30M in Oversubscribed Series C-1 Financing Round by Ian M Crosby Today, smart airspace security leader Dedrone announced its closing of $30 million in an oversubscribed Series C-1 financing round. Continue reading below, or listen: The round was led by public safety technology company Axon, with participation from …

© Peter Jülich Wingcopter Secures $42M in Latest Funding Round by DRONELIFE Staff Writer Ian M Crosby This week, drone delivery company Wingcopter announced its acquisition of $42 million in funding from a Series A extension round, tripling the company’s total equity raise to over $60 million. Continue reading below, …

Drone ecosystem funding: leading Digital Twin platform vHive Raises $25 Million in Series B Led by PSG Israeli-based vHive offers a software solution for Digital Twins and other critical insights.  The platform enables commercial, off-the-shelf (COTS) drones to fly autonomously around assets, resulting in a precise and repeatable data set. The …

Skyports Raises USD 23M in First Close of Series B Funding Round by DRONELIFE Staff Writer Ian M. Crosby Advanced air mobility leader Skyports has acquired USD 23 million in the first close of its Series B funding round. The funding, raised from a mix of new and existing investors, …

SkyeBrowse Raises $2.3M, Team Grows from 4 to 24 by DRONELIFE Staff Writer Ian M. Crosby In 2016, Bobby Ouyang was a junior at Rutgers University, where he started working with Dr. Peter Jin, a tenured professor at the Rutgers Center for Advanced Infrastructure and Transportation, on a research project …

XTEND Funding: Company Raises $20 Million for Life Saving Drone Operating System by Ian M. Crosby Today, XTEND, a human-guided, AI-operated drone system enabling operators to more safely undertake complex missions, has announced it has raised $20 million in equity financing as part of its Series A fundraising round. Chartered …

Global investment in the drone industry continues, as leading drone services provider Terra Drone funding increases by a $14.4 million Series A round. Terra Drone Corporation has had a steep rise since starting in Japan in 2016, to be named a top Drone Services Provider Drone Industry Insights last year.  Today, the …

A new round of DroneDeploy​ funding adds $50 million to the company, bringing the total to date to $142 million: which a company release says is the most to date for any drone data company.  This latest Series E funding round is the result of DroneDeploy’s explosive growth (they report …