The drone market has heated up considerably since Valor co-lead the Series Seed investment in Aerobo Drones of Brooklyn, New York last year. This year, drone startup investments have crossed a new high water market, with $1.2 billion invested in 2017 so far. (Last year, about the time we invested in Aerobo, there was only about $600 million invested in drone startups.) It’s the first time the UAV industry has crossed a billion dollars of invesment in one year.
Success for drone startups is in increasing automation, according to Aerobo
Catching up privately with founder Brian Streem, he was focused on his vision of making aerial drone imagery more accessible and more available than ever. “While we’re busy scaling and serving customers from our new West Coast office in Los Angeles and our headquarters in Brooklyn, we’re expanding the tech team to deliver more automation,” he shared. Aerobo has had many firsts in the last year, including filming the first virtual reality TV series. Brian was called out this summer by Inc. Magazine as one of the “30 Most Brilliant Founders Under 30.”
Drone startup investments 2017 so far
For a sense of just how diverse and heated the drone market is becoming, here’s a list of some of the recent drone investments this year.[table id=8 /]