Technology

Embark raises $70 million, opens two transfer hubs (with video)

Autonomous trucking outfit Embark Trucks has raised $70 million in a series C funding round led by Tiger Global Management, with participation from seven other firms, Forbes has reported. The new financing round brings its fundraising total to $117 million. The company will use the funds to add staff and trucks to its fleet, which […]

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Drone intelligence platform AirMap acquires Hangar Technology

AirMap, an airspace intelligence platform for the drone economy, has acquired Hangar Technology, an automated drone operations business.  The acquisition, announced on September 23, continues AirMap’s strategy of extending airspace management solutions to the broader drone sector and expands Hangar’s reach to new international markets and industry applications. “Hangar first joined the AirMap community as […]

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