Flock, a UK-based insurtech startup, has officially launched its Pay-As-You-Go drone insurance. Founded in 2015, Flock describes itself as a London-based, VC- and government-backed insurtech startup that’s building a big-data driven risk intelligence platform for drones. The company announced its partnership with aviation insurer, Allianz,… Read More
ONAGOFly, a top-twenty Indiegogo crowdfunding campaign and the 2nd most funded drone project ever on the platform, has been hit with a class action lawsuit filed in United States District Court in California on March 27, 2017. The lawsuit was filed by Allan Black, Christopher… Read More
This is becoming a too consistent theme. Promising rewards crowdfunding project raises millions of dollars from thousands of backers only to deliver (if at all) a craptaculous product. In this case, it is the story of ONAGOFly – a drone project that raised $3,459,193 on… Read More
Earlier this week, the developers of the Sprite, a small, durable drone that offers an alternative to larger, generally more fragile quadcopter drones, was presented with the latest Proto Labs Cool Idea! Award, a service grant given to innovative companies. The Sprite Drone, developed by… Read More
Back in December 2014, British company Torquing Group took to Kickstarter with a mission to raise funds for its new nano “smart” drone, Zano. The project was met with backer enthusiasm and excitement as it secured a grand total of £2,335,119 ($3,550,665.20 USD). The Zano… Read More
On Tuesday, Squadrone System announced it has shipped its widely known autonomous drone, Hexo+, to the US market and abroad. Initially launched through a Kickstarter campaign, where it closed out at $1.3 million from over 2,300 backers in July 2014, HEXO+ was designed with the user… Read More
Just 4 hours after launching its new crowdfunding campaign on Kickstarter, PowerUp Toys announces the successful funding its project and raising over $140,000 to start production of its paper airplane drone with a live-streaming camera, the PowerUp FPV. Partnered with Parrot to manufacture the device, the… Read More
Offering up an update to its backers, creators of the Kickstarter nano drone Zano, Torquing Group, announced details about shipping and schedules. While explaining how the process is going, Torquing Group’s Director Marketing and Business Development, Reece Crowther, stated: “Our EMS (Electronic Manufacturing Service) has… Read More
Earlier this week, San Francisco tech startup OpenROV launched a crowdfunding campaign on Kickstarter to raise $50,000 for its new underwater drone, Trident. The project is pretty much killing it having quickly topped $450,000 with the support of 685 backers. The funding effort has 42… Read More
There are benefits to droning on and on… KSI Data Sciences has linked with Fundable for a private raise for its data transmission and management company. Its mission to make transmitting, receiving and managing data easier and more efficient focuses on core products, MissionCaster.TV and MissionKeeper. These SaaS… Read More
Nearing the end of its popular Indiegogo campaign, Extreme Fliers’ Micro Drone 3.0 has successfully captured over $2 million thanks to over 17,400 backers. The Micro Drone 3.0 was built to be nothing like any other drone by combining expandable modular technology, sensor-assisted flying and a micro-gimbal… Read More
Last month, UK-technology company Extreme Fliers launched a crowdfunding campaign on Indiegogo to raise $75,000 for its new product, the Micro Drone 3.0. The device was built to be nothing like any other drone by combining expandable modular technology, sensor-assisted flying and a micro-gimbal for live streaming video. It is considered the… Read More
With less than two weeks until its crowdfunding campaign on Indiegogo comes to an end, UK-technology company Extreme Fliers has successfully raised over $1 million for its latest invention, the Micro Drone 3.0. The first iteration of their product came out in 2007. This version is being launched… Read More
During the final hours of its crowdfunding campaign on Kickstarter, Helen Greiner’s CyPhy Works successfully secured over $900,000 from 1,514 backers for its product, the LVL 1 drone. As previously reported, the drone is designed to be 100% user-friendly and accessible to just about anyone, including new drone… Read More
Hoovy, a drone advertising company, has launched a crowdfunding campaign on Indiegogo to raise $50,000 for its new device, the Advatar, a new type of drone aimed for advertising. The Advatar is described as a wind resistant, GPS equipped octocopter that can fly banners in… Read More
Helen Greiner, co-founder of the popular advanced technology company, iRobot, recently launched a crowdfunding campaign on Kickstarter to capture $250,000 for her robotic startup, CyPhy Works, and its creation, the LVL 1 drone. What makes this stand out from other drone competitors is that it is meant… Read More
Last July, California-based Airdog launched a crowdfunding campaign on Kickstarter to raise $200,000 for its new, self-titled auto-follow drone for GoPro camera. The device is designed for sports enthusiasts, outdoor fans and indie moviemakers. AirDog’s accompanied device, AirLeash not only sends control and commands to AirDog, it also… Read More
With less than two days until its crowdfunding campaign on Kickstarter comes to an end, nearly 11,000 backers have raised £2,000,000 for the autonomous, intelligent and swarming nano drone, Zano. As previously reported by Crowdfund Insider, Zano is a product envisioned by the British company Torquing Group…. Read More
I have come to the conclusion we will all soon own our own personal drones. No longer the realm of futuristic films, smart drones (or somewhat smart drones) are now a reality. Attending WakeStock this past summer I was impressed to see the aerial acrobatics… Read More
With less than 36 hours until its crowdfunding campaign on Indiegogo comes to an end, Toronto-based startup, DreamQii and its new drone, PlexiDrone, continues to remain in the spotlight, raising $621,030 from 1,912 backers. The PlexiDrone is a small, sophisticated, easy-to-use and is operated by a smartphone or… Read More
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