All these companies — including DroneDeploy and Flirtey — have raised in the last 20 months, and have less than $15M in total funding.

Drone startups are hot. In Q2’15 funding reached an all-time high and in Q3’15 we’ve already seen Series B fundings to two drone startups: SkyCatch, which raised $22.1M from Avalon Ventures and Riverwood Capital; and EHANG, which raised $42M from GGV Capital, GP Capital, and others. We’ve identified 10 more early-stage drone startups that are likely to raise in the next 12 months.

All these companies have raised in 2014 or 2015 year-to-date, have less than $15M in total funding, and show other positive metrics, including high investor quality or recent news mentions.

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The list includes uber-for-drones companies such as DroneBase and Flirtey (they supply a drone and operator to businesses for a single use), drone-as-a-service startups such as DroneDeploy (they offer ongoing drone software, hardware, and/or services to clients who own their drones), and startups focused on object-avoidance drone tech like Skydio and SkySpecs.

The full list below.

10 Early-Stage Drone Startups to Watch

Company Last Funding (Month/Year) Total Disclosed Funding ($M) Select Investors
DroneDeploy $9M // Series A
(03/2015)
$11.0 Emergence Capital Partners, Draper Fisher Jurvetson, Redpoint Ventures, SoftTech VC
Kespry $10M // Series A
(01/2014)
$10.0 Lightspeed Venture Partners
Airphrame $4.25M // Series A
(07/2014)
$4.3 August Capital, Floodgate
Skydio $3M // Seed VC
(01/2015)
$3.0 Accel Partners, Andreessen Horowitz
Redbird $2.19M // Seed VC
(04/2015)
$2.2 Commercial Drone Fund, Engie New Ventures
MATTERNET $2M // Convertible Note
(01/2014)
$2.0 Undisclosed Investors
SkySpecs $0.1M // Seed
(01/2015)
$1.1 InvestMichigan!
DroneBase Undisclosed // Seed VC – II
(07/2015)
$0.12 Rothenberg Ventures, SkyFund, SV Angel, Union Square Ventures, Y Combinator
Flirtey $0.12M // Seed – II
(08/2015)
$0.12 Space Angels Network, Y Combinator
Skyfront $0.02M // Seed
(05/2015)
$0.02 Qualcomm Robotics Accelerator

 

Feature Image Credit: Skyfront

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  • Samantha Wong

    Good list, but check out Propeller, also graduates of the Startmate accelerator program (like Flirtey), whose API is making drone data useful for surveying and site insections et al. Just raised a ~$1M Seed Round. http://www.propelleraero.com.au/