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TechCrunch

Crunch Report | Lily Robotics Shuts Down

TechCrunch , CNET

San Francisco District Attorney files lawsuit against drone maker Lily for false advertising

SiliconANGLE Media

Crowdfunded Lily drone cancelled, will refund $34M in pre-orders - SiliconANGLE

@LanceUlanoff via Mashable

The flying Lily Camera drone is dead, buyers will be refunded

TechCrunch , The Verge

Unable to fund production of its camera drone, Lily will shut down and refund customers

Flying Announcements
TechCrunch

Dedrone racks up 5 new investors, including CEOs of Aruba Networks and Meraki

Business Insider

Why the Lily drone that was cancelled, despite raising $34 million on Kickstarter, was so highly anticipated

VentureBeat

Flying camera maker Lily shuts down after failing to secure funding, will offer refunds

Announcements
Acquisition
prnewswire , Forbes

KitSplit Acquires CameraLends, Becoming The Largest Camera Rental Marketplace

Bloomberg

Parrot Cuts Jobs After Drone Discounts at Christmas Hurt Profits

Earnings
TechCrunch

Parrot lays off 35 percent of its drone team

Earnings Flying
The Verge

Parrot cutting a third of drone staff in latest industry downturn

Re/code , CNET

Parrot is laying off a third of its drone division

Flying Earnings
TNW

PowerVision's new robot is the fishing buddy of the future

Robotics Cameras
$3,000,000 Venture capital (Series A)
TechCrunch

Flytrex lands $3M to make drone delivery a thing

GSMArena.com

Yi Technology to announce a drone with 4K 60fps video capability

‚ā¨3,500,000 Venture capital
Tech.eu

French Azur Drones raises ‚ā¨3.5 million for drone-based video surveillance

$75,000 Grant
STL Real Estate News

The St. Louis startups getting state funding

£57,500,000
Tech City News

Hampshire-based QinetiQ acquires Meggitt Target Systems for £57.5m

Apps & Services
GeekWire , ZDNet

Flirtey says its drones are making routine deliveries for 7-Eleven in Nevada