Airware And DJI/Accel Launch Drone Investment Funds


TechCrunch

Airware makes a flexible drone operating system. DJI makes the top consumer drones. But they need to bundle up with industry-specific hardware and software makers to sell whole commercial drone packages to big construction, oil, and insurance companies.

So by some cosmic coincidence, both are separately launching commercial drone investment funds today.

Airware is announcing the Commercial Drone Fund, which will invest $250,000 to $1 million in dozens of early stage startups that are building out other components of the enterprise drone ecosystem. The fund’s first two investments are in RedBird, a Paris-based drone data processing startup, and Sky-Futures, a London company that builds drone sensors for monitoring oil and gas infrastructure.

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Meanwhile, DJI and its big investor Accel are anncouncing SkyFund, which will invest $10 million in early stage startups around drone, robotics, machine intelligence, computer vision and navigation, and multimedia communities. Specifically, it will focus…

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