# Incubators and accelerators backing Drones (2026 list)

> 16 incubators and accelerators backing Drones, 100% active in the last 12 months. Led by Y Combinator, Plug and Play, MassChallenge. Ranked by what they funded.

Source: https://millionrounds.com/lists/incubators-accelerators-drone (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Incubators and accelerators backing Drones

Updated 7 November 2026

Incubators and accelerators we have observed in a drones round in the last two years.

[See all 16 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fincubators-accelerators-drone)The top 16

**16** investors on the list No change this week

**1,333** cheques in 12 months *-20%* against the market

**$3M** median round they joined *-62%* against the market median

**100%** wrote a cheque in 12 months

**38%** have led a round

## The Top 16

Ordered by cheques observed, never by anything anyone paid for

Deploying now (16)

- 1 [Y Combinator](https://millionrounds.com/fund/y-combinator) *Deploying now* Accelerator · United States **6,412** **$3M** median round **Oct 2026** last seen
- 2 [Plug and Play](https://millionrounds.com/fund/plug-and-play) *Deploying now* Accelerator · United States **1,561** **$5M** median round **Nov 2026** last seen
- 3 [MassChallenge](https://millionrounds.com/fund/masschallenge) *Deploying now* Accelerator · United States **984** **$1.8M** median round **Sept 2026** last seen
- 4 [In-Q-Tel](https://millionrounds.com/fund/iqt) *Deploying now* Accelerator · United States **273** **$20M** median round **Nov 2026** last seen
- 5 [Cleantech Open](https://millionrounds.com/fund/cleantech-open) *Deploying now* Accelerator · United States **165** **$1.1M** median round **Sept 2026** last seen
- 6 [Brinc](https://millionrounds.com/fund/brinc) *Deploying now* Accelerator · Hong Kong SAR China **132** **$500K** median round **Jul 2026** last seen
- 7 [DG VENTURES](https://millionrounds.com/fund/dg-ventures) *Deploying now* Accelerator · United States **70** **$2.9M** median round **Sept 2026** last seen
- 8 [Beyond Next Ventures](https://millionrounds.com/fund/beyond-next-ventures-inc) *Deploying now* Accelerator · Japan **69** **$4.3M** median round **Sept 2026** last seen
- 9 [XRC Ventures](https://millionrounds.com/fund/xrc-ventures) *Deploying now* Accelerator · United States **67** **$2.5M** median round **Sept 2026** last seen
- 10 [LaunchVic](https://millionrounds.com/fund/launchvic) *Deploying now* Accelerator · Australia **62** **$722K** median round **Sept 2026** last seen
- 11 [Indico Capital Partners](https://millionrounds.com/fund/indico-capital-partners) *Deploying now* Accelerator · Portugal **51** **$5.1M** median round **Nov 2026** last seen
- 12 [Alliance](https://millionrounds.com/fund/alliance) *Deploying now* Accelerator · United States **47** **$3M** median round **Oct 2026** last seen
- 13 [RSE Ventures](https://millionrounds.com/fund/rse-ventures) *Deploying now* Accelerator · United States **14** **$17M** median round **Jul 2026** last seen
- 14 [Airbus](https://millionrounds.com/fund/airbus) *Deploying now* Accelerator · France **13** **$19M** median round **Jul 2026** last seen
- 15 [DoorDash](https://millionrounds.com/fund/doordash) *Deploying now* Accelerator · United States **3** **$125M** median round **Sept 2026** last seen
- 16 [Oppenheimer Acceleration](https://millionrounds.com/fund/oppenheimer-acceleration) *Deploying now* Accelerator **1** **$500K** median round **Nov 2025** last seen

## The Newest Cheques

Rounds this list's investors joined most recently

- **6** Nov **[Ocient](https://millionrounds.com/company/ocient)** Series C · $100M *With* [In-Q-Tel](https://millionrounds.com/fund/iqt)
- **5** Nov **[Bizay](https://millionrounds.com/company/bizay)** Series D+ *Led by* [Indico Capital Partners](https://millionrounds.com/fund/indico-capital-partners)
- **4** Nov **[Lazarus AI](https://millionrounds.com/company/lazarus-ai)** $43M *With* [Plug and Play](https://millionrounds.com/fund/plug-and-play)
- **3** Nov **[Carryt](https://millionrounds.com/company/carryt)** Round *With* [Plug and Play](https://millionrounds.com/fund/plug-and-play)
- **2** Nov **[Northwood Space](https://millionrounds.com/company/northwood-space)** Series C · $375M *With* [In-Q-Tel](https://millionrounds.com/fund/iqt)
- **30** Oct **[Neuron Industries](https://millionrounds.com/company/neuron-industries)** Seed · $10M *With* [Y Combinator](https://millionrounds.com/fund/y-combinator)

## Stages This Year

1,313 rounds

- Venture **27%**
- Pre-seed **21%**
- Seed **19%**
- Series A **14%**
- Series B **5%**
- Other **16%**

## What They Backed

Sectors, last 12 months

- AI **670**
- Big Data & Analytics **82**
- Fintech **78**
- Healthcare **60**
- Biotech **51**
- Financial Services **49**

## Cheques by Quarter

Led Joined

450 Q1 25

408 Q2 25

482 Q3 25

446 Q4 25

419 Q1 26

399 Q2 26

260 Q3 26

51 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [VC firms backing AI 4,329](https://millionrounds.com/lists/vc-firms-ai)
- [VC firms backing Fintech 1,856](https://millionrounds.com/lists/vc-firms-fintech)
- [VC firms backing Big Data & Analytics 1,248](https://millionrounds.com/lists/vc-firms-big-data)
- [VC firms backing Biotech 1,207](https://millionrounds.com/lists/vc-firms-biotech)
- [VC firms backing Robotics 1,098](https://millionrounds.com/lists/vc-firms-robotics)
- [VC firms backing Construction 1,025](https://millionrounds.com/lists/vc-firms-construction)
- [VC firms backing Energy 998](https://millionrounds.com/lists/vc-firms-energy)
- [PE firms backing AI 956](https://millionrounds.com/lists/pe-firms-ai)
- [VC firms backing Cybersecurity 950](https://millionrounds.com/lists/vc-firms-cybersecurity)

[All investor lists *→*](https://millionrounds.com/lists)

## Quick answers about incubators and accelerators backing Drones

### Who are the most active incubators and accelerators backing Drones?

By cheques observed, the most active are Y Combinator, Plug and Play, MassChallenge, In-Q-Tel and Cleantech Open.

### How many incubators and accelerators backing Drones are there?

16 are on record. 100% made an investment in the last 12 months and 38% have led a round.

### Which stages do incubators and accelerators backing Drones back?

Of the rounds with a named stage in the last 12 months, mostly Pre-seed (30%) and Seed (27%).

### How big are the rounds incubators and accelerators backing Drones join?

The typical (median) round among the leading investors here is $3M.

### Which sectors do incubators and accelerators backing Drones back most?

In the last 12 months, mostly AI, Big Data & Analytics and Fintech.

### Which incubators and accelerators backing Drones lead the most rounds?

Y Combinator (11 led), Indico Capital Partners (4 led) and Plug and Play (2 led).

### Where are incubators and accelerators backing Drones based?

Among the most active, most are based in the United States (10), Hong Kong SAR China (1) and Japan (1).

### What have incubators and accelerators backing Drones invested in recently?

Recent rounds include Ocient (Series C, Nov 2026, with In-Q-Tel), Bizay (Series D+, Nov 2026, with Indico Capital Partners) and Lazarus AI (Nov 2026, with Plug and Play).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)
