Drone Squad is a robotics startup established in 2016 with a vision to connect local drone pilots globally for fun and competitive races. The company initially gained traction as the world's largest drone racing league, engaging pilots from 117 countries. However, due to the hobby's underwhelming growth, in 2017, the Drone Squad app transitioned to an open-source model, leading the company to refocus its efforts on RC Cars and Trucks, under the brand xScapeGames.com. The last reported investment in Drone Squad was a $375.00K Seed Round on 01 January 2016. Overall, while the company initially gained attention in the drone racing space, its shift towards RC vehicles reflects a strategic pivot in response to market dynamics and the evolving interests of hobbyists.
Funding Stage | Amount | No. Investors | Investors | Date |
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Seed Round | $375.00K | - | 01 Jan 2016 |
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