Top VC deals: Apple buys Texture, Magna backs Lyft, Snoop Dogg raises a $45 million fund

CNBC by Lora Kolodny

News Article | March 16, 2018

Data Collective and Boeing are among investors in a $15 million series A round for Fortem Technologies, a start-up that has developed radar technology and drones. Fortem's DroneHunter can detect unauthorized drones in the sky, then fly after them and capture them in a net. Fortem also sells its radar technology to other drone and security companies to enable autonomous flight and high-velocity object tracking.

Click here for CNBC video.

About Fortem Technologies

Fortem Technologies is the leader in airspace awareness, safety and security for a drone world. Fortem delivers commercially available solutions that detect and measure intention of drones in real time to maintain airspace safety, while actively protecting No-Fly Zones. Based in Pleasant Grove, Utah, the company is privately held and backed by Boeing, Signia Venture Partners, DCVC, Mubadala Investment Company, and others.

Media Contact

Jen Colton
jen.colton@fortemtech.com
415-420-5516