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CyPhy Works Raises $7 Million To Build Flying Robots

Cal Biesecker By
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CyPhy Works, a leading developer of advanced Unmanned Aerial Vehicles (UAVs), said this month it closed a $7 million financing round led by Lux Capital. Also participating were General Catalyst Partners, Felicis Ventures and several undisclosed prominent angel investors. As part of the financing, Lux Capital Partner Bilal Zuberi will join the CyPhy Works' board of directors. EASE UAV      Photo: CyPhy Works The UAV industry in the United States and around the world is seeing rapid growth, and…

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