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June 24, 2015 AT 2:45 pm

The Buzzer – drone funding @thebuzzerco #makerbusiness

Drone-Funding-Activity

The Buzzer‘s latest newsletter is intense!

Startup-industry analysis firm CB Insights released a digest of drone funding claiming that the first half of 2015 has netted over $172M in funding for drone-related companies — that’s more than the last 3 years’ worth of funding, combined.

While the numbers are pretty selective — CB Insights is limited to “disclosed” funding from companies who have advertised their rounds — it’s an interesting exercise to scan the list of names and associated amounts:

3D Robotics $99M
DJI Innovations $75M
Airware $40M
Skycatch $21M
XAircraft $20M
CyPhy Works $15M
PrecisionHawk $11M
DroneDeploy $11M
Kespry $10M
EHANG $10M

The first thing that should jump out is the discrepancy between U.S. based 3D Robotics and their Chinese rival, DJI. Both companies are careful with the numbers they choose to release, but with DJI’s reported $10B (with a B) valuation on their latest round, roughly half a billion in sales last year, and the lion’s share of FAA exemptions, their performance is impressive given how little money they’ve apparently raised, no doubt bolstered by surging revenues and an HQ in China.

Read more.


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