Investments Validate the Program and Support the Region’s Growing Ecosystem
Five startups in the GENIUS NY accelerator, AutoModality, Civdrone, Fotokite, OmniMesh and TruWeather Solutions, have raised over $10 million in additional private investment. This follow-on-funding validates the investments the GENIUS NY program has made in unmanned aerial systems (UAS) technologies and startups over the last three years, and proves the program’s ongoing impact in Central New York. GENIUS NY is supported by Central New York Rising which advances the regions’ collective strategy to create ecosystem of resources for companies in the UAS industry.
Civdrone recently announced that it has raised $500,000 from New York-based firm ff Venture Capital. The Israeli company, which has raised $1.5 million pre-seed round, is part of the GENIUS NY accelerator and Infralab construction tech innovation lab in Israel.