Drone start-up SkyTango wins NDRC Lift Off
16 December 2015 | 0
SkyTango, a start-up specialising in film production and drone technology, has secured €30,000 follow-on investment after winning the NDRC’s Lift Off competition as part of the centre’s Investor Day.
A total of 11 companies pitched to a panel of investors at yesterday’s event, including NDRC CEO Ben Hurley; Will Prendergast of Frontline Ventures; John Aiken from Jenson Partners (UK); and David Bowles of Delta Partners.
SkyTango describes itself as an aerial marketplace built by film and television producers, directors, editors and drone operators. The company’s platform re-invents how drones are flown, hired and perceived and how their products/outputs are sold and delivered worldwide. It caters for drone content creators and aerial content buyers – for example in the audiovisual, TV, film and other industries – providing a marketplace for drone-captured aerial film and photography.
The 11 competing companies had just completed the intensive 12-week NDRC LaunchPad programme with each receiving up to €20,000 in pre-seed investment.
Ben Hurley, CEO NDRC, said: “We have seen some exceptional new companies come through NDRC’s investment programmes over the last numbers of years helping create a value-add effect across Ireland’s entire technology start-up ecosystem. The investors here today are a testament to the level of expectation that surrounds the release of our next group of ventures.”
Last month NDRC was ranked the second university business accelerator in the world in the most comprehensive global study of its kind, the Global Benchmark Report 2015 by the UBI Index. This was the highest placement for an Irish organisation.