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June 12, 2017 06:05 pm GMT

Drone Racing League raises a $20M Series B ahead of its 2nd season

Drone Racing League has closed on $20M in Series B funding, led by U.K telecommunications company Sky, Liberty Media Corporation (which owns the Formula 1 racing brand) and Lux Capital. This new funding means that the league has now raised over $32M in three rounds.Allianz (who is also the title sponsor of DRL) and World Wrestling Entertainment also joined the round as new investors in… Read More

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