Total amount raised
$178.8 Million
Latest funding date
4/1/2017
Location
3D Robotics has successfully raised funding over 7 rounds, with the latest being a Series D round involving 5 investors, including Atlantic Bridge. The company is backed by 16 investors, with notable names such as Foundry Group and Autodesk.
What Is 3D Robotics?
3D Robotics, also known as 3DR, is a prominent player in the drone industry, specializing in advanced drone technology for sectors like construction, mining, and surveying. The company is based in Berkeley, California, and has an employee count ranging from 101 to 250.
Founded by Chris Anderson and Jordi Muñoz, 3D Robotics has made significant strides in making drone technology accessible for data analysis. The company was acquired by Kitty Hawk in June 2021, and Kitty Hawk closed its doors in September 2022.
How Much Funding Has 3D Robotics Raised?
- Series A
- Amount Raised: USD 5,075,000
- Date: November 2012
- Lead Investors: True Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop and expand their drone technology.
- Series B
- Amount Raised: USD 30,000,000
- Date: September 2013
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and enhance product offerings.
- Series Unknown
- Amount Raised: Not publicly disclosed
- Date: September 2014
- Lead Investors: Virgin Group
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support ongoing research and development.
- Series C
- Amount Raised: USD 50,000,000
- Date: February 2015
- Lead Investors: WestSummit Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand market reach and improve technology.
- Series C
- Amount Raised: USD 14,000,000
- Date: April 2015
- Lead Investors: Qualcomm Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further develop drone capabilities and applications.
- Series Unknown
- Amount Raised: USD 26,700,000
- Date: June 2016
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support ongoing operations and growth.
- Series D
- Amount Raised: USD 53,000,000
- Date: April 2017
- Lead Investors: Atlantic Bridge
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance product development and market expansion.
Total Amount Raised: USD 178,775,000. Current Valuation: Not publicly disclosed. The September 2014 round led by Virgin Group had an undisclosed amount and is not included in this total.
Key Investors
- Atlantic Bridge
- Details: Atlantic Bridge is a growth equity firm focused on technology investments. They have been instrumental in funding 3D Robotics' Series D round.
- Investment Focus Areas: Technology sectors including semiconductors, software, hardware.
- Notable Investments: Movidius, Swrve, FieldAware.
- Qualcomm Ventures
- Details: Qualcomm Ventures is the investment arm of Qualcomm Incorporated. They led the Series C round for 3D Robotics.
- Investment Focus Areas: Mobile technology, AI, IoT, automotive, enterprise.
- Notable Investments: Zoom, Waze, Fitbit.
- WestSummit Capital
- Details: WestSummit Capital is a global growth equity firm. They were a key investor in the Series C round for 3D Robotics.
- Investment Focus Areas: Cloud computing, mobile internet, IT services.
- Notable Investments: Unity Technologies, Twitch, Maginatics.
- Virgin Group
- Details: Virgin Group is a British multinational venture capital conglomerate. They invested in an undisclosed round for 3D Robotics.
- Investment Focus Areas: Travel, telecommunications, health, music, leisure, renewable energy.
- Notable Investments: Virgin Galactic, Virgin Hyperloop, Virgin Orbit.
- True Ventures
- Details: True Ventures is a venture capital firm that invests in early-stage technology startups. They led the Series A round for 3D Robotics.
- Investment Focus Areas: Software, hardware, consumer products.
- Notable Investments: Automattic (WordPress), Fitbit, Peloton.
What's Next for 3D Robotics?
Kitty Hawk acquired 3D Robotics in June 2021, so the company no longer raises funding of its own. Kitty Hawk itself closed its doors in September 2022.
Use Clay to Get Funding Data
Sales professionals, leverage Clay’s platform to access comprehensive fundraising data on companies like 3D Robotics and gather other critical business insights. Sign up for free to start transforming your sales strategy today.
