
Venture Capital · India
Alteon Raises $2.5M To Fly A Drone For A Year On Ocean Wind
Bengaluru startup Alteon raised $2.5 million led by Lachy Groom to build a drone that harvests ocean wind shear and stays aloft for over a year.
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Bengaluru startup Alteon raised $2.5 million led by Lachy Groom to build a drone that harvests ocean wind shear and stays aloft for over a year.

Co-CEO Sven Kruck says In-Q-Tel and other US investors opened Washington doors, helping the German drone maker land CIA and FBI work.

Anduril is in talks to raise funding at a roughly $100 billion valuation, per Reuters, just two months after its $5 billion round. Here is what the number really prices in.
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