Tag Archives: raises

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 …

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 …

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, …

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 …

That’s causing a few problems for the military professionals, and maybe for the world. Drone evolution has been very quick, particularly in the military sphere. Six years ago, I was writing about drone swarms. Now, the issue is drone swarms with much more advanced technologies, longer ranges, and much more …

(Image: Kevin Lee) A drone company spun out of the Commonwealth Scientific and Industrial Research Organisation (CSIRO) has collected AU$3.5 million in a funding round led by the CSIRO Innovation Fund, and joined by mining executive Andy Greig. Emesent will use the cash to commercialise its Hovermap product, which uses …

Kiwi drone startup Dotterel Technologies has raised $1.06m from Sydney-based Jelix Ventures, which specialises in backing early-stage companies. Jelix now has an 11.45 per cent stake in Dotterel. Other investors include managers, Sir Stephen Tindall’s K1W1 fund, Crown agency NZVIF, Techstars Australian Defence Accelerator and Auckland University’s commercialisation arm Uniservices …

Israel’s Airobotics today announced it has raised a $30 million round of funding as the company continues to build out its U.S. operations. Founded in 2014, the company has developed a commercial pilotless drone that self-deploys and then returns to its base, where robotic arms handle chores like changing the …