€2.7 million for anti-drone warning system
Kassel-based startup Dedrone GmbH has raised €2.7 million for its world’s first professional civilian drone early-warning and detection system. The round was led by Munich-based VC Target Partners. Private investments came from the American entrepreneur Tom Noonan (Internet Security Systems, JouleX) as well as serial entrepreneurs Jörg Lamprecht (Only Solutions, Cobion, Aibotix) and Rene Seeber (Only Solutions, Cobion, JouleX).
Germany on regulating crowdinvesting
The German government is preparing a law to limit the startups’ abilities to raise money via crowdinvesting platforms. The rules include that companies will have to provide a detailed prospectus if they aim to raise at least €2.5 million from retail investors. Also, investors have the right to demand a refund of the investment within 14 days after agreeing to it.