Tag Archives: funding

Wingcopter Scores $42M in Latest Funding Round

Weiterstadt, Germany, 21 June 2022 – Wingcopter, the German delivery drone manufacturer and service provider, today announced that it has raised $42 million from renowned financial and strategic investors. The new funding is part of a Series A extension round, tripling the company’s total equity raise to more than $60 …

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Terra Drone Raises $70 Million in Series B Funding

TOKYO, March 22, 2022 /PRNewswire/ — Drone and Urban Air Mobility (UAM) technology company Terra Drone Corporation announced today that it has raised $70 million (8 billion Japanese yen) in Series B funding with investments from Mitsui & Co., Ltd., SBI Investment Co., Ltd., Tokyu Land Corporation, Kyushu …

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DroneSeed Raises Series a Funding Round

DroneSeed today announced it has raised $36 million in its Series A funding round. The round was led by Social Capital and Seven Seven Six, with participation from new and existing investors. Part of these funds were used to acquire Silvaseed, a 130-year-old forestry company, to expand DroneSeed’s seed collection …

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Drones that deliver Covid-19 tests and PPE among £7m funding…

South West companies building drones to deliver Covid-19 tests and personal protective equipment (PPE) are among 20 projects to receive a share of £7million Government investment designed to drive innovation. A trio of businesses in Cornwall and the Isles of Scilly – Droneprep, Consortiq and Windracers – will use unmanned …

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Politicians divided over shark drone funding

SHARK mitigation has once again divided Tweed leaders. Two shark drones have been funded for the next 12 months on the Tweed coastline but some don’t think the region got its fair share. The technology, to be hosted at Cabarita and South Kingscliff/Cudgen, is part of a new $8 million …

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Funding process for Tech Hub continues in Grand Forks

And they talk about it with genuine excitement. In coming years, guests might see tech classrooms or spaces for companies to collaborate nestled in a space housing multiple startups. City Administrator Todd Feland, in sketching out a vision for the building, keeps returning to phrases like “high-tech” or “innovative.” “(Guests) …

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Innoviz Technologies’ Series C Funding Round Closes at $170M…

Innoviz Technologies’ Series C Funding Round Closes at $170M, Strengthens the Company’s Leadership Position in the Solid-State LiDAR and Perception Software Space Innoviz adds computer vision industry luminaries to its roster to further enhance its perception software offering for customers. ROSH HA’AYIN, Israel, June 10, 2019 — (PRNewswire) —   …

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Percepto Raises $15 Million Series A Funding Led by USVP, Fo…

Percepto, the global market leader for industrial autonomous drone solutions, has raised $15M Series A Round Funding, led by USVP, with participation from existing investors: NHN, Spider Capital and Emerge. The company has to date raised a total of $27.5M. Previous investors include R&R Venture Partners and Hyundai Motors. CALIFORNIA, …

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Animal Dynamics secures £6m funding to build military drones

Animal Dynamics, the British technology start-up, has secured £6m in new funding to build autonomous military robots. The Oxford University spin-out has completed its Series A funding round, which was led by Oxford Sciences Innovation (OSI).  Kindred Capital and Australian investment company Tanarra Capital were among other investors. The company, which produces robots inspired by design …

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