# Lily Robotics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lily-robotics

- Industry: Consumer Products
- Headquarters: San Francisco, US
- Total disclosed funding: $15M
- Latest round: Series A (Jul 31, 2015)
- Investors on record: 12

## About

Based in California, US, Lily Robotics, Inc. develops drones that track movements. The company was co-founded by Mr. Antoine Balaresque and Mr. Henry Bradlow and has raised a total of USD 15 million in 2 venture funding rounds. In January 2017, Lily Robotics, Inc. decided to shut down and refund the total of USD 34 million in preorders.

The firm develops two kinds of drones namely Lily 1.0, launched in 2015, and Lily Next-Gen, introduced in 2017, which capture pictures and videos.

The company generates revenue through the sale of its products. Clients can purchase its products through the company's distributors and resellers.

In February 2017, the company filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware.

## Funding rounds

- Series A, Jul 31, 2015, $15M — Spark Capital, SV Angel, Slow, InnoSpring, Dorm Room Fund, ACME Capital, Winklevoss Capital, Upside Partnership, Liquid 2 Ventures, Seven Seas Venture Partners, Stanford-StartX Fund, The House Fund

## Investors

- Spark Capital — Series A
- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Series A
- Slow (https://capitalatlas.ai/funds/slow) — Series A
- InnoSpring (https://capitalatlas.ai/funds/innospring) — Series A
- Dorm Room Fund (https://capitalatlas.ai/funds/dorm-room-fund) — Series A
- ACME Capital (https://capitalatlas.ai/funds/acme-capital) — Series A
- Winklevoss Capital (https://capitalatlas.ai/funds/winklevoss-capital) — Series A
- Upside Partnership (https://capitalatlas.ai/funds/upside-partnership) — Series A
- Liquid 2 Ventures (https://capitalatlas.ai/funds/liquid-2-ventures) — Series A
- Seven Seas Venture Partners (https://capitalatlas.ai/funds/seven-seas-venture-partners) — Series A
- Stanford-StartX Fund — Series A
- The House Fund (https://capitalatlas.ai/funds/the-house-fund) — Series A