Drone Racing League takes in over $20 mln Series B
The Drone Racing League, a drone racing circuit for elite FPV pilots, has secured more than $20 million in Series B funding. Sky, Liberty Media Corporation and Lux Capital led the round with participation from other investors that included Allianz, Hearst Ventures, RSE Ventures, Lerer Hippeau Ventures and Courtside Ventures. LionTree Advisors provided financial advice to DRL on the transaction while Morrison & Foerster was the company's legal adviser.
12 June 2017•1 min read
