| Founded | 2013 |
|---|---|
| Closed | 2017 |
| Country | USA |
| Sector | Hardware |
| Collapse type | Fire Sale |
| Founder | Henry Bradlow |
Lily Robotics
"Raised $34M in pre-orders from 60,000+ backers for an autonomous follow drone — the demo video used GoPro footage, not Lily footage, and the drone couldn't maintain stable autonomous flight"
Distressed acquisition below last-round valuation
Key Events Timeline
Lily raised $34M pre-orders (60K+ backers) + $15M venture.
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