| | | |

Defiance Ventures Invests in Lucid Drone Technologies

Lucid D1Drone400x275

July 29, 2021

Defiance Ventures, a Charlotte, N.C.-based venture capital firm, has announced its investment in Lucid Drone Technologies, which develops and manufactures autonomous drones for labor-intensive tasks such as commercial cleaning and spraying. Terms of the investment were not disclosed.

Lucid is developing long-lasting, industrial drones with in-flight technologies such as predictive support, primarily in the commercial cleaning industry with its C1 Cleaning Drone. The company’s D1 Disinfecting Drone, designed for stability and safety, includes a 2.5-gallon wide-mouth tank for easy refills of cleaning solution.

“The Lucid team of elite engineers has developed some very impressive technology and their drones-as-a-service model was a unique and compelling reason to get involved,” said Tareq Amin, co-founder and chairman of Defiance Ventures. “When we saw what they are doing we realized they’re far more than a drone provider; developing intelligent and autonomous flight capabilities that can be used across many applications and industries is a great way to scale beyond hardware.”

Lucid said it sees significant growth opportunities across other labor-intensive industries and partnerships, such as their partnership with the Atlanta Falcons. The company’s technology can disinfect 150,000 square feet per hour. Using two drones inside, the Mercedes-Benz stadium can be disinfected between games in about 95% less time, the company said.

“Our company was founded while attending Davidson College, and we trace much of our early success back to the support of the local Charlotte community,” said Andrew Ashur, CEO of Lucid Drone Technologies. “We are grateful to have the opportunity to work alongside a game-changing investor in the Charlotte ecosystem, like Defiance. Tareq and his team at Defiance bring a wealth of valuable knowledge and experience that will help Lucid continue to grow in this next phase of the business.”

For more details about Lucid Drone Technologies, visit its website here.

Editor’s note: Robotics-Data, strategic partner of Robotics-World, recently launched a report of the more than 60 companies offering UVC-based disinfection robots. Click here to purchase the report.

Related video:

 

{youtube}PJ0MQ3LaSY0{/youtube}

 


Robotics World News

  • Phantom AI Raises $36.5M to Advance Autonomous Driving Platform

    Phantom AI Raises $36.5M to Advance Autonomous Driving Platform

    Phantom AI, a Silicon Valley-based startup developing an autonomous driving platform with computer vision, sensor fusion and control capabilities, has announced it raised $36.5 million in a Series C funding round. The company aims to help customers reduce accidents and make everyday driving more enjoyable, while also unlocking what is next in the advanced driving… Read More…

  • Raise Robotics Raises $2.2M in Seed Round Funding

    Raise Robotics Raises $2.2M in Seed Round Funding

    Raise Robotics, which develops robotic equipment for construction sites, has announced it raised $2.2 million in a pre-seed funding round (reported by Construction Dive). The company is currently providing fenestration and mass timber contractors with semi-autonomous equipment that completes bracket layout, installment and verification four times faster than standard methods. “Our mission at Raise is… Read More…


Products for Robots & Cobots

  • Xfuse Launches Phoenix ISP for AMD’s SOMs and Vision AI Starter Kit

    Xfuse Launches Phoenix ISP for AMD’s SOMs and Vision AI Starter Kit

    Xfuse LLC, which develops customizable imaging and video technology, has announced immediate availability of its Phoenix HDR ISP for the AMD Kria K26 System-on-Module (SOM) and the KV260 Vision AI Starter Kit. Designed for AI developers and computer vision engineers that need to capture real-time, data-rich imaging streams, the Phoenix HDR ISP delivers fully-tone mapped… Read More…

  • Sponsored Video: Oriental Motor BLV Series R

    Sponsored Video: Oriental Motor BLV Series R

    Brushless motors are commonly used in AGV/AMR designs for battery-powered, compact, and lightweight equipment movement. To assist with this development, Oriental Motors has created the BLV Series R Type of modular automation compatible products. The new motors provide DC power supply options of 60 W, 100 W, 200 W and 400 W. Features of the… Read More…