News Article | Aug 9, 2017
Drone startups account for a large slice of funding to the broader robotics and IoT landscape, and have received significant investment and press coverage in recent years.
We used the CB Insights platform to surface 15 notable, early-stage startups developing technologies related to unmanned aerial, marine, and/or land vehicles designed for unstructured environments. We selected these companies based on the recency and size of their disclosed funding and their Mosaic score, CB Insights’ algorithm that uses financial and non-financial signals to predict private company health.
Of the companies on our list, 10 are Series A startups that have raised funds since Q1’16 and 5 are seed or angel-stage companies that have raised funds in the last year. We have listed them in descending order of disclosed funding.
About Fortem Technologies
Fortem Technologies is the leader in airspace security and defense for detecting and defeating dangerous drones. Through an advanced ecosystem of distributed radar, AI at-the-edge, deep sensor integration and autonomous drone capture, Fortem monitors, protects and defends the world’s cities, venues, infrastructures, military bases, and regions from dangerous or malicious drone threats. The same ecosystem is accelerating the safety of the world’s airspace for urban air mobility. Based in Pleasant Grove, Utah, the company is privately held and backed by Boeing, DCVC, Mubadala Investment Company, Signia Venture Partners, and others.