After reaching an all-time high in each of the past two quarters, drone funding showed no sign of slowing down, reaching $139M on 20 deals in Q3’15. Deal count also reached a third-straight all-time quarterly high.
The funding total was buoyed by the $60M financing to Yuneec, a large drone manufacturer in China, as well as Series B financings to EHANG ($42M) and Skycatch ($22M).
Drone companies have now raised over $300M in equity financing in the first three quarters of 2015. The full funding trend below.
Want more data on drones and other frontier tech investment activity? Download our Future of Frontier Tech webinar, login to CB Insights, or sign up for free below.
If you aren’t already a client, sign up for a free trial to learn more about our platform.