Shield AI, the defense technology company building the world’s best AI pilot for aircraft, announced it has raised $200 million in Series F funding in an oversubscribed funding round. This funding, led by U.S. Innovative Technology Fund (USIT) and co-led by Riot Ventures, with participation from Cathie Wood’s ARK Invest …
Read More »bne IntelliNews – Dronamics raises $40mn in pre-series A fun…
Dronamics, the world’s first cargo drone airline with a license to operate in Europe, announced on February 17 that it raised $40mn in pre-series A funding from venture capital funds and angel investors from 12 countries. The company is approaching its series A round, and the funding will enable it …
Read More »Garuda Aerospace raises $22 mn, largest funding in Indian dr…
MS Dhoni launches quadcopter drone ‘Droni’ in partnership with Garuda Aerospace Drone startup Garuda Aerospace on Monday said it has raised $22 million which is touted as the largest-ever Series A funding in the drone sector. Venture capital firm SphitiCap invested $12 mn along with participation from other global investors, …
Read More »Censys Technologies Raises More Than $8 Mil in Series A Fund…
Daytona Beach, FL – Censys Technologies Corporation, a leading provider of remote sensing solutions, announces the closing of its Series A Funding Round goal for $8.3 million; a round that was oversubscribed and only expected to raise $8 million. A trailblazer in the commercial Beyond Visual Line of Sight (BVLOS) …
Read More »Aviation startup Beta Technologies raises $375 million in fu…
The airplane industry has lagged behind most industries when it comes to switching from fossil fuels to cleaner alternatives, mostly because the alternatives were difficult to work with. In recent years, however, the electric aviation industry has attracted over $5 billion in funding. Driving the news: On Wednesday, an aviation …
Read More »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 …
Read More »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 …
Read More »Wingcopter raises $22 million to ramp up delivery drone prod…
Wingcopter, a Darmstadt, Germany-based drone manufacturer, today announced that it raised $22 million in a funding round led by Xplorer Capital and Futury Regio Growth Fund. The company says it will use the proceeds to expand its health care-related activities (including the distribution of COVID-19 vaccines), prepare for the launch …
Read More »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, …
Read More »Tesla Raises Money, Drones Get Certified, and More Car News …
Sometimes going back to the drawing board ain’t so bad. This week, Tesla shares took a much-needed hop as the company announced an effort to raise a small mountain of capital to keep the electric carmaker climbing. At first, the offering sat around $2.3 billion, but the company pushed it …
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