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Strategic Development Fund announces $3 million investment in Mayman Aerospace
News22 February 2023

Strategic Development Fund announces $3 million investment in Mayman Aerospace

ABU DHABI, 22nd February, 2023 – Strategic Development Fund (SDF), the investment arm of UAE’s Tawazun Council, is investing $3 million through its Venture Capital Programme in Mayman Aerospace (JetPack Aviation Corp), the US-based manufacturer of the innovative dual-use Speeder…

Dronamics raises $40 million in pre-Series A funding
News17 February 2023

Dronamics raises $40 million in pre-Series A funding

LONDON – 17 February 2023 – Dronamics, the world’s first cargo drone airline with license to operate in Europe, today announced that it has raised a total of $40 million in pre-Series A funding from venture capital funds and angel…

QuantCube Technology raises funding from SDF, Moody’s and Five Capital
News22 December 2022

QuantCube Technology raises funding from SDF, Moody’s and Five Capital

QuantCube Technology, the real-time economic intelligence provider has secured funding from Strategic Development Fund (SDF), the investment arm of UAE’s Tawazun Council. Other financial backers include Moody’s and Five Capital. QuantCube uses AI to analyse billions of alternative data points in…

SDF and Motus Ventures invest in Cranfield Aerospace Solutions Ltd
News12 August 2022

SDF and Motus Ventures invest in Cranfield Aerospace Solutions Ltd

Cranfield Aerospace Solutions (CAeS) is pleased to announce that it has secured investment from the Strategic Development Fund (SDF), the investment arm of Tawazun Council of the UAE, and Motus Ventures, taking the current investment round to £14.4million. CAeS is…

hiSky raised $30M Series A funding, led by ST Engineering
News8 December 2021

hiSky raised $30M Series A funding, led by ST Engineering

December 2021 – hiSky Ltd., a leading developer and provider of satellite Internet of Things (IoT) networks and solutions, today announced the completion of a $30 million Series A funding round led by ST Engineering’s Corporate Venture Capital unit and…