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Extra Crunch Live: Join GC’s Peter Boyce and Katherine Boyle for a live Q&A right now

It’s a special day; we’re hosting the year’s final episode of Extra Crunch Live with General Catalyst’s Peter Boyce and Katherine Boyle at 4 p.m. EST/1 p.m. PST.

Extra Crunch members can join the live conversation (details below) or catch it on demand. Questions from the audience are not just allowed, they’re highly encouraged, so if you’re not yet an Extra Crunch member, sign up here and join the fun!

General Catalyst is widely recognized as one of the top venture capital firms, with portfolio companies that include Snap, Kayak, Airbnb, Stripe, HubSpot and GitLab.

Boyce has been with General Catalyst since 2013, leading investments in companies like Ro, Macro, towerIQ and Atom. He also supported some big deals, including investments in Giphy, Jet.com and Circle. He also co-founded Rough Draft Ventures, an investment arm of General Catalyst focused on funding first-time CEOs out of university.

Boyle was previously a business reporter at The Washington Post before joining General Catalyst, which gives her a unique perspective on the entrepreneurial landscape. She’s invested in several companies, including AirMap, Origin and Nova Credit and has joined us for previous events to lay out some advice for startups navigating governmental rules.

We’re amped to discuss which opportunities are exciting them these days, how tech, innovation and venture has changed amid the pandemic, what they look for in a pitch, and much, much more.

You really won’t want to miss it.

Oh, and if this is of interest, I highly suggest you check out our library of ECL episodes right here. We’ve spoken to big names like Roelof Botha, Jason Green, Alexa von Tobel, Aileen Lee, Charles Hudson and many others.

Catch the details for today’s call below.

Event Details

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Playing traffic cop for drones in cities and towns nets Airspace Link $4 million

As the number of drones proliferates in cities and towns across America, government agencies are scrambling to find ways to manage the oncoming traffic that’s expected to clog up their airspace.

Companies like Airmap and KittyHawk have raised tens of millions to develop technologies that can help cities manage congestion in the friendly skies, and now they have a new competitor in the Detroit-based startup, Airspace Link, which just raised $4 million from a swarm of investors to bring its services to the broader market.

The financing for Airspace Link follows the company’s reception of a stamp of approval from the Federal Aviation Administration for low-altitude authorization and notification capabilities, according to chief executive Michael Healander.

According to Healander, what distinguishes Airspace Link from the other competitors in the market is its integration with mapping tools used by municipal governments to provide information on ground-based risk.

“We’re creating the roads based on ground-based risk and we push that out into the drone community to let them know where it’s okay to fly,” says Healander.

That knowledge of terrestrial critical assets in cities and towns comes from deep integrations between Airspace Link and the mapping company ESRI, which has long provided federal, state and local governments with mapping capabilities and services.

We’ve just spent the past month understanding what regulation is going to be around to support it. In two years from now every drone will be live tracked in our platform,” says Healnder. “Today we’re just authorizing flight plans.”

As drone operators increase in number, the autonomous vehicles pose more potential risks to civilian populations in the wrong hands.

Parking lots, sporting events, concerts — really any public area — could be targets for potential attacks using drones.

“Drones are becoming more and more powerful and smarter,” EU Security Commissioner Julian King warned in a statement last summer, “which makes them more and more attractive for legitimate use, but also for hostile acts.”

Already roughly half of the population of the U.S. lives in controlled airspace where drones flying with more than a half a pound of weight require flight plan authorization, according to Healander.

“We build out population data and give state and local governments a tool to create advisories for emergency events or any areas where high densities of people will be,” says Healander. “That creates an advisory that goes through our platform to the drone industry.”

Airspace Link closed a $1 million pre-seed round in September 2019 with a $6 million post-money valuation. The current valuation of the company is undisclosed, but the company’s progress was enough to draw the attention of investors led by Indicator Ventures with participation from 2048 Ventures, Ludlow Ventures, Matchstick Ventures, Detroit Venture Partners and Invest Detroit.

For Healander, Airspace Link is only the latest entrepreneurial venture. He previously founded GeoMetri, an indoor GPS tracking company, which was acquired by Acuity Brands.

I’ve been a partner of ESRI my entire life,” says Healander. “I’ve been in the geospatial industry for four or five companies with them.”

The company has four main components of its service. There’s AirRegistry, where people can opt-in or out of receiving drone deliveries; AirInspect, which is a service that handles city and state permitting for drone operators; AirNetm, which works with the FAA to create approved air routes for drones; and AirLink, an API that connects drone operators with local governments and collects fees for registering drones.

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AirMap raises $26 million to manage air traffic as drone use surges

battle-drones Lower airspace isn’t crowded with drones quite yet. But as drones become more pervasive, a startup called AirMap is building software and systems to help drone operators fly only where it’s safe and legal to do so. The task will prove completely different from that of managing airliners as we do today, says AirMap CEO and cofounder Ben Marcus who is also serving as the co-chair for… Read More

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New AirMap feature helps drones avoid manned aircraft

AirMap's real time traffic alerts help drone operators avoid passenger planes, helicopters and other manned aircraft in low airspace. A Santa Monica-based startup called AirMap today launched a feature that gives drone operators real time traffic alerts whenever manned aircraft such as helicopters, crop dusters or low-flying passenger planes, are about to enter into their air space. The company’s systems, generally, let drone makers and developers of drone apps give users maps and guidance as to where they’re… Read More

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Intel unveils a ready-to-fly drone, the Aero, to win over developers

Intel's Aero Ready to Fly quadcopter. At the Intel Developer Forum on Tuesday, Intel unveiled a new, hardware product — a ready-to-fly drone; specifically, a quadcopter, aimed at software developers rather than casual hobbyists or commercial drone operators.
Intel’s drone is a fully assembled unit that runs on Intel’s Aero Compute Board with a Linux operating system, RealSense for vision and comes with Santa… Read More

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Flock is building a risk assessment platform for drone flights

Drone Engineering problems can sometimes appear simple beside the amorphous challenges of regulating and managing cutting edge technology use within existing societal structures. But early stage startup Flock is viewing the knotted intersection of technology and regulation as just another business opportunity. Read More

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