News

New DJI Mini 2 SE Drone Has A 10km Range & Costs Just $369

The latest upgrade is only a modest one, but still represents great value for money.

Published

1 year ago

February 9, 2023

Nour Nasir

new dji mini 2 se drone has a 10km range and costs just $369

DJI

After multiple circulating rumors, DJI will release a new Mini 2 SE drone with a couple of modest updates over the existing entry-level model. Notably, DJI has added its in-house OcuSync 2.0 transmission system to the new model, so the device can now fly more than twice as far as the original Mini SE, which maxed out at 4km.

The new system should also make for more stable video feeds at the further end of the drone’s range, though many regions now have laws in place to limit flying to line-of-sight distances.

DJI claims its latest drone can fly for 31 minutes on a fully-charged battery, which is roughly the same as the outgoing model, adding just one extra minute of flight. As for the rest of the drone’s specs, things look pretty identical to the previous model. The Mini 2 SE tips the scales at 249 grams and retains the existing camera system with a three-axis gimbal and 1/2.3-inch CMOS sensor able to capture 2.7K video and 12MP stills.

Also Read: Sony Announces New Walkman W-ZX707 And NW-A306 Models

The DJI Mini 2 SE will be available for $369 on its release in March. However, you’ll also be able to purchase a “Fly More Combo” that adds additional batteries, replacement propellers, and a carrying case for $519.

News

Mamo Completes $3.4M Funding Round To Enhance Fintech Services

The startup will use the influx of cash to expand into Saudi Arabia and across the wider GCC while improving its product offering.

Published

1 day ago

July 25, 2024

Nour Nasir

Mamo

UAE-based fintech Mamo has announced the completion of a $3.4 million funding round that will help the startup extend its market presence and improve its product offering. Investors included 4DX Ventures, the Dubai Future District Fund and Cyfr Capital.

Mamo’s platform offers “payment collection, corporate cards and expense management” to help small and medium-sized businesses consolidate and streamline their operations. With the latest influx of capital, Mamo will further develop its comprehensive suite of services and begin testing its product lines in Saudi Arabia, further extending its footprint across the GCC.

Imad Gharazeddine, co-founder and CEO of Mamo, stated: “We’ve been in the market for a while now and are incredibly proud of what our team has achieved. The holistic and expansive nature of our product offering has helped us continue to grow sustainably. This additional funding will allow us to reach our medium-term goals even faster. The support from new and existing investors is a testament to our strong expertise and the ability to deliver on our customer promise”.

Daniel Marlo, General Partner of lead investor 4DX Ventures, added: “We have immense trust in Imad’s vision, leadership and Mamo’s innovative approach to provide a user-friendly and comprehensive financial solution for SMEs that makes financial management more accessible and efficient. We are proud to partner with them and support their mission”.

Also Read: A Guide To Digital Payment Methods In The Middle East

Amer Fatayer, Managing Director of Dubai Future District Fund’s investment team, also commented: “Mamo’s localized product lines serve as an infrastructure for SME payments and spend management in UAE, a segment that is underserved by the country’s current banking infrastructure. The team has taken a product-first approach to consolidating SMEs’ financial journeys and building a fintech solution deeply embedded in a business’s core operations”.

To date, Mamo has raised around $13 million in investment funding and now boasts a team of 30 people. The company’s intuitive financial services platform has allowed over 1,000 businesses to consolidate their financial operations and significantly reduce payment fees.