Drones Startups Raised Almost A Half A Billion Dollars In 2015, But How Effective Are They For Precision Ag?
Drones startups raised just over $450 million in equity financing across 74 deals in 2015. This was a 300 percent increase on 2014 levels. Not all of these drones companies will have implications in agriculture, but 2015 did see the world’s largest drones company move into agriculture. China’s DJI, which contributed the year’s largest deal with its $75 million Series B, launched its first drone specifically designed for agriculture in November.
Chris Anderson’s Crowdfunding Charity Helps Launch AirDog At CES, The World’s First Auto-Follow Drone
A few weeks back, 3DR Co-Founder Chris Anderson shared some of his crowdfunding investments on Twitter. It was enlightening to read how the CEO of one of the most powerful drone companies in the world helps aspiring drone entrepreneurs engineer new products through the ubiquitous Indiegogo and Kickstarter sites.
In May, we attended one of the many commercial drone events, this one in Santa Cruz, California. Unlike the heard, this bellwether show emphasizes the importance of data in the maturation of the commercial drone market to the extent that it includes the word in its name. The Drones Data X conference is a bi-annual event which takes place in the U.S. and in Europe. The premiere U.S. edition brought out the cream of the crop of drone companies and industry leaders.