Drone startup Airware crashes, shut downs after burning $118M
Post date: 2018-09-15 07:22:59
Views: 3
Drone operating system startup Airware today suddenly informed employees it will cease operations immediately despite having raised $118 million from top investors like Andreessen Horowitz, Google’s GV, and Kleiner Perkins. The startup ran out of money after trying to manufacture its own hardware that couldn’t compete with drone giants like China’s DJI. The company at
Please click Here to read the full story.
 
Other Top and Latest Questions:
Israel's war Cabinet is locked between restraint and revenge
Your magic work phrase
Incredibly middle-aged question about home appraisal, taxes, blah
Answered: [New theme] - POLARIS
Pullback is just a 'healthy consolidation,' use it to buy AI plays, says BlackRock's Kate Moore
Lagarde says ECB will cut rates soon, barring any major surprises; notes 'extremely attentive' to oil
Bank of America tops estimates on better-than-expected interest income, investment banking
Dr. Martens shares plunge 30% to all-time low, trading briefly halted on weak outlook
Why a $100,000 income no longer buys the American Dream in most places
IMF upgrades global growth forecast as economy proves 'surprisingly resilient' despite downside risks