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Drones

Monsanto leads investment in bioinformatics company Resson

New Brunswick, Canada-based bioinformatics and predictive analytics company Resson has raised a $11 million Series B funding round. Monsanto, through its venture capital arm Monsanto Growth Ventures, led...

Federal Aviation Authority finalizes rules for commercial drone operations

The Federal Aviation Administration (FAA) has finalized the first set of operational rules for routine commercial use of drones. The new rule, which takes effect in late August,...

Commercial drone company Kespry raises $16 million

Menlo Park, California-based Kespry, a company that designs automated drone systems for commercial use, has closed a $16 million Series B equity financing round. The funding...

World’s first single-passenger drone to be tested in U.S. — International Business Times

EHang 184, the world’s first passenger drone, capable of autonomously carrying a person in the air for 23 minutes, has been cleared for testing....

VC Investment In IoT Companies Continues To soar

By Mary Ann Azevedo While the Internet of Things (IoT) is still a growing field, it’s clear that venture capitalists are increasingly taking notice and...