Commercial drones are shaping and changing many industries around the world and the commercial drone space is rapidly growing, but there are still many challenges to overcome and gaps in the ecosystem to enable drones to be used at scale for jobs that were previously too dangerous, costly or difficult, and applications yet to be imagined. The Commercial Drone Fund was established to support businesses that are developing technologies and services that are critical to scaling the use of commercial drones across a variety of applications.
The Commercial Drone Fund invests in businesses seeking financing to help advance their technology and grow business operations. Investment areas include the following:
The Commercial Drone Fund provides more than just capital. We team with startups to help grow their business. Jonathan Downey, Founder and CEO of Airware, is the General Partner of the Fund and has spent 10 years in the drone space - in academia at MIT, industry at Boeing, and building San Francisco-based commercial drone startup Airware. Portfolio companies have access to a network of innovators, investors and Airware ecosystem partners to build key industry relationships.