Drone maker 3D Robotics receives $30M in Series B round

Gigaom

Aerial robotics company 3D Robotics announced today that that it collected $30 million in a Series B funding round, adding to a $5 million Series A round last November. Foundry Group and True Ventures (see disclosure) led the round.

3D Robotics builds drones for industrial and consumer use. The funding will go toward improving the abilities of its robots, with a focus on aerial surveillance applications like agriculture. Additional funding came from O’Reilly AlphaTech Ventures and SK Ventures.

“The opportunity to bring ‘big data’ to agriculture through low-cost automated aerial crop surveys could be a game-changer for both farming and the UAV industry alike,” 3D Robotics CEO Chris Anderson said in a release. “Adding UAVs to the precision agriculture toolkit of a 21st century farmer gives them the power to use imaging data to not only increase yield, but decrease water use and the chemical load in both food and…

View original post 109 more words

Advertisements
By BeEtLjOoZ

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s