Airware has launched a fund to support commercial drone startups, while DJI and Accel have set up a fund to invest in drone-related technologies.
US-based drone development plaform Airware launched an investment fund yesterday, the same day as China-based camera technology developer DJI and venture capital firm Accel Partners established their own drone fund.
Airware’s Commercial Drone Fund will invest between $250,000 and $1m in early-stage companies working on unmanned aerial vehicle (UAV) technologies such as sensor hardware, software, aerial data analysis technology and drone-based services.
The fund plans to back several dozen companies over the next two years. Its first two investments are…
