Business
AirTree doubles down on drones as COVID-19 boosts use – Sydney Morning Herald
Venture capital firm Airtree Ventures has doubled down on its investment in startup DroneDeploy as COVID-19 causes a boom in construction, energy and agricultural…
Mr Cameron said AirTree was looking to increase its stake in companies such as DroneDeploy which had received a boost from the coronavirus pandemic.
I think were seeing a real string of opportunities to double down in companies that have found themselves in a really structurally advantageous position coming out of COVID, he said. Theyve had real acceleration and opportunity to crystallise their leadership position and so we and the other investors in the business thought now was a good time to double…
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