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September 14, 2018 06:22 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/ia2nbhEuzcM/
Drone startup Airware crashes, will shut down after burning $118M
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 […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/ia2nbhEuzcM/
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