Drone OS Developer Airware Launches New Fund For business Drones
The business Drone Fund is the 2nd drone-centered fund introduced as of late.
may just 27, 2015
in case you’re an entrepreneur fascinated by constructing instruments for drones, there may just never had been a greater time than now.
nowadays, the drone working machine company Airware announced it launched a new venture fund aimed at investing in early-stage startups which can be “developing applied sciences important to scaling using drones throughout a number of commercial applications.”
referred to as the industrial Drone Fund, Airware mentioned it’ll make between $250,000 and $1 million on hand to early-stage corporations specializing in five areas: “sensor hardware, device applications, cloud-based aerial knowledge diagnosis tools, drone-based totally products and services, and complete options for specific industries.”
until these days there had by no means been a drone-specific fund like this, but this morning, DJI — the world’s biggest maker of client drones — introduced that it had teamed with Accel partners on SkyFund. That initiative will make as a minimum $10 million to be had to early-stage companies all for growing tools for the DJI platform. those investments would begin at $250,000 and doubtlessly go better.
Airware, which builds keep watch over device software for a variety of business drones, and which is aimed generally at the enterprise market, will run its fund autonomously. the corporate’s CEO, Jonathan Downey, will function the fund’s common companion.
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