Cyphy Works Garners $7,000,000 New Funding Round

  • Feed Type
  • Date
    11/5/2013
  • Company Name
    Cyphy Works
  • Mailing Address
    16C Electronics Ave. Danvers, MA 01923
  • Company Description
    The company is a robotics startup that is developing unmanned aerial vehicle technologies.
  • Website
    http://www.cyphyworks.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $7,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    As part of this funding round, CyPhy Works will expand its development and deployment of UAVs in surveying and situational awareness for commercial sectors such as agriculture, mining, construction, oil & gas, insurance, infrastructure, and others.
  • M&A Terms
  • Venture Investor
    Lux Capital
  • Venture Investor
    General Catalyst Partners
  • Venture Investor
    Felicis Ventures
  • Venture Investor
    Undisclosed