PrecisionHawk just raised $32 million to help the commercial drone industry — get off the ground. Investors in the round include Millennium Technology Value Partners, Third Point Ventures, Eastward Capital Partners, and others.
The startup, founded in 2010, offers software and hardware to customers across various industries, from agriculture to energy, deploy drones. For example, Precision-Hawk helps manage inventory and costs, and measures the health of electricity distribution lines. It doesn’t just stick to one part of the chain, it goes from consultation to technology.
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