Friday, August 30, 2019

As the drone market matures, many of the startups which raised hundreds of millions in aggregate have either closed or pivoted to services (Jack Pitcher/Bloomberg)

Jack Pitcher / Bloomberg:
As the drone market matures, many of the startups which raised hundreds of millions in aggregate have either closed or pivoted to services  —  - Commercial market for unmanned aircraft is slow to take flight  — Some companies gain by buying up rivals to broaden focus



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Dream, co-founded by ex-NSO Group CEO Shalev Hulio with a focus on protecting critical infrastructure, raised $260M at a $3B valuation, up from $1B in 2025 (Galit Altstein/Bloomberg)

Galit Altstein / Bloomberg : Dream, co-founded by ex-NSO Group CEO Shalev Hulio with a focus on protecting critical infrastructure, raise...