Legend Holdings-backed startup AirMap has received series A funding to accelerate development of its drone airspace management tools.
AirMap, a US-based developer of airspace management tools for drones that is backed by conglomerate Legend Holdings, has raised $15m in a series A round led by venture capital firm General Catalyst Partners.
The round also included Lux Capital, Social+Capital Partnership, TenOneTen Ventures, Bullpen Capital and Pritzker Group.
Founded in 2015, AirMap’s technology provides navigational data and communication tools for drones operating below 500 feet. The technology enables the designation of no-fly zones, such as US national parks, and can…
