ideaForge Backs US-Based Vantage Robotics

The listed startup has infused $1.83 Mn (around INR 15.96 Cr) in the US-based company

The transaction has been done via compulsorily convertible promissory note

Incorporated in 2013, Vantage Robotics manufactures UAV and UAV components and has strong R&D capabilities

Listed drone tech company IdeaForge has infused $1.83 Mn (around INR 15.96 Cr) in California-based unmanned aerial vehicle (UAV) manufacturing company Vantage Robotics via compulsorily convertible promissory note.

“This is not an acquisition, rather it…