Latvia’s Aerones raises €2.7 million for its firefighting, building-cleaning and wind turbine-managing drones

Latvian drone startup Aerones has just raised 2.7 million euros from the InnoEnergy investment platform to continue developing its technology and prepare its manufacturing platform with the implementation of a global franchise business model in mind. Backed by Y Combinator, Aerones makes high-power drones that can assist in the maintenance of wind turbines, the cleaning […]

Funding flows to Zurich: Teralytics raises $17.5 million, AI tech startup Deepcode scores $4 million

Two noteworthy funding announcements coming out of Zurich, Switzerland today – and both from spin-offs from the ETH: 1) Mobility intelligence startup Teralytics has secured $17.5 million in a funding round led by Robert Bosch Venture Capital together with Deutsche Bahn Digital Ventures, innogy Ventures, LBBW Venture Capital, Liil Ventures, Atomico and Lakestar. The company […]