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Drone Racing League Unveils 2018 Season

May 6, 2018

The Drone Racing League is set to return for its third season this fall. After extending its partnership with financial services company Allianz this past week, the DRL unveiled plans for this year’s championship.
The DRL Allianz World Championship will premier on ESPN in the U.S. on Sep. 6, and a …

Cargo raises $5.5M to let Uber drivers sell snacks and essentials nationwide

May 6, 2018

Cargo, a startup that wants to let every rideshare driver open their own convenience store in their car, has just raised $5.5 million in a round it’s calling seed preferred financing.
Over the summer we covered the company’s $1.75 million seed round, at which point they were just getting starte …

Tactical Haptics gets a grip on NSF grant to bring touch feedback to VR

March 12, 2018

Tactical Haptics has won a federal National Science Foundation grant to develop touch-feedback systems that deliver a realistic sense of touch in virtual reality. The Palo Alto, Calif.-based company has received a NSF Small Business Innovation Research (SBIR) Phase II grant of $749,000, and it has a …

Baobab Studios Raises $25M As It Looks To Bring Richer Storytelling to Vr

March 12, 2018

Baobab Studios is aiming to move past the novelty of VR and create characters that people can grow to love (and hate) even more due to the richness of experience and interaction that VR offers. Today, the company announced that it has closed a $25 million Series B led by Horizons Ventures with Twent …