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Drone startup Airware crashes, will shut down after burning $118M – TechCrunch

Accepted submission by MrPlow at 2018-09-15 02:21:27
/dev/random

Submitted via IRC for SoyCow1984

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 hard…

Source: https://techcrunch.com/2018/09/14/airware-shuts-down/ [techcrunch.com]


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