CyPhy Works, the robotics startup led by iRobot co-founder Helen Greiner, has raised $1.75 million in a round of equity financing, according to an SEC filing. The filing does not identify the investors in CyPhy, but the Cambridge, MA, venture firm General Catalyst Partners is listed as a promoter of the startup. Greiner, who is CEO of the Framingham, MA-based startup, gave Bob some details about the company a year ago after it launched under its former name, The Droid Works, telling him that the stealthy firm is developing an unmanned aerial vehicle UAV. The startup was awarded a $2.4 million grant from the National Institute of Standards and Technology last year for its UAV research.
Author: Ryan McBride
Ryan is an award-winning business journalist who contributes to our life sciences and technology coverage. He was previously a staff writer for Mass High Tech, a Boston business and technology newspaper, where he and his colleagues won a national business journalism award from the Society of American Business Editors and Writers in 2008. In recent years, he has made regular TV appearances on New England Cable News.
Prior to MHT, Ryan covered the life sciences, technology, and energy sectors for Providence Business News. He graduated with honors from the University of Rhode Island in 2001 with a bachelor’s degree in communications. When he’s not chasing down news, Ryan enjoys mountain biking and skiing in his home state of Vermont.
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