PrecisionHawk catches $75m

Jan 24, 2018 •

US-based drone technology producer PrecisionHawk raised $75m in funding today in a round featuring Innovate Indiana Fund, the seed investment vehicle of Indiana University.

Venture capital firm Third Point Ventures led the round, which also included Senator Ventures and Millennium Technology Value Partners.

Mass media group Comcast, energy company Exelon and semiconductor technology provider Intel invested through respective subsidiaries Comcast Ventures, Constellation Technology Ventures and Intel Capital.

Agribusiness Syngenta, chemicals producer DuPont and telecommunications firms Verizon and NTT Docomo meanwhile…

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