Sunday, September 20, 2020

Drone Funding Highlights Sector’s Momentum

Enterprise buyers are focusing on drone startups as technological developments and federal approvals allow progress within the sector. The most recent instance is Volansi Inc., which gives a drone supply service to move machine elements and different cargo to industrial firms and the navy.

The San Francisco-based startup raised a $50 million Collection B spherical led by Icon Ventures and buyers together with Lightspeed Enterprise Companions, Y Combinator, enterprise agency Harpoon and Graphene Ventures participated within the deal.

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