Failed drone startup Airware auctions assets, Delair buys teammates
TechCrunch Startup News · TechCrunch
October 30, 20186m 9s
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Show Notes
Airware desperately sought cash for 18 months before running out of money and shutting down last month, leaving about 120 employees without jobs after the startup had burned $118 million in funding. Bandaid strategic investments from construction company Caterpillar and others kept Airware alive as it looked for a $15 million round, according to a former employee.
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