Tagged: drones

December 30, 2020 @ 9:26 am By Samantha Hurst  |  

Parallel Flight, a U.S.-based drone tech startup, has successfully secured more than $1.33 million through its Reg A+ offering on crowdfunding platform StartEngine.The funding round has attracted 900 StartEngine investors. As previously reported, Parallel Flight stated it has created patent-pending technology allowing drones to carry… Read More

November 25, 2020 @ 1:16 pm By Samantha Hurst  |  

Parallel Flight, a U.S.-based drone tech startup, has secured more than $760,000 through its Regulation A+ (Reg A+) funding round on StartEngine. Founded in 2018, Parallel Flight stated it has created patent-pending technology allowing drones to carry heavy payloads for over two hours. Its unmanned,… Read More

April 29, 2020 @ 7:40 am By Omar Faridi  |  

The US Department of Transportation recently revealed its plans to use blockchain or distributed ledger technology (DLT) when working with drones. The agency, which is a federal Cabinet department of the US government concerned with transportation (established by an act of Congress on October 15,… Read More

May 29, 2018 @ 3:49 pm By Samantha Hurst  |  

Flock, a London-based insurtech, announced on Tuesday it raised £2.25 million through its Seed funding round from a range of global investors. Flock reported that the round was led by Anthemis, a VC focused on Fintech and Insurtech investments. Other investors included Silicon Valley’s Plug and… Read More

December 1, 2017 @ 4:28 pm By Samantha Hurst  |  

Fathom Drones, a Michigan-based drone startup, has launched a Reg CF campaign on Nextcapital, seeking funds as it prepares to expand. Founded in 2014, Fathom’s team has technical backgrounds range from mechanical, to electrical, to software engineering. They also have entrepreneurial experience through the Yale Entrepreneurial… Read More

February 12, 2017 @ 2:22 pm By JD Alois  |  

The Extreme Tech Challenge 2017 (XTC) completed this past week with the three finalists competing for the grand prize at Sir Richard Branson’s Necker Island in the Caribbean (no word if former President Obama was in the audience). Calling it a “photo-finish”, Vantage Robotics was… Read More

December 24, 2014 @ 4:31 am By JD Alois  |  

Kiwi equity crowdfunding site Snowball Effect started offering investments online this past August launching with crowd favorite Renaissance Brewing followed by film project The Patriarch and CarbonScape.  Each crowdfunding campaign successfully surpassed its minimum funding target closing over-funded.  The three investment offers raised in aggregate… Read More

November 29, 2013 @ 12:37 pm By Charles Luzar  |  

Kickstarter and similar crowdfunding platforms are becoming the go-to way for proving a market for a hardware product. Today, we want to share four campaigns that are raising huge sums of money on Kickstarter. Some are in familiar verticals, like 3D printing and smartwatches, while… Read More