Draper Associates

Draper Associates is an early-stage venture capital firm investing globally in innovative teams building transformative companies across industries such as new media, gaming, SaaS, cloud, fintech, IoT, and mobile. Founded in 1985, the firm encourages entrepreneurs to drive business growth, create jobs, and generate wealth through disruptive technologies.

Tim Draper

Partner

Megan Kurohara

Investor

Tyrone Lee

Venture Partner

Andrew Tang

Partner

Past deals in Smart Cities

Near Space Labs

Series B in 2025
Near Space Labs is an aerial imagery and earth observation company based in the United States that specializes in providing high-quality geospatial information for various sectors. The company offers cloud-based delivery of fully processed images through its API, facilitating easy monitoring of assets across broad or specific areas. Near Space Labs supports businesses, government organizations, and partners by delivering actionable insights that enhance remote sensing capabilities. Its services are utilized in diverse fields, including insurance, utilities, infrastructure, conservation, smart cities, retail, energy, and disaster response. By monitoring construction progress and addressing issues such as pipeline leaks, vegetation encroachment, and weather-related damage, Near Space Labs enables clients to improve mobility, leisure, and urban planning.

Alef Aeronautics

Venture Round in 2023
Alef Aeronautics is a sustainable electric transportation company designing and developing a road-legal passenger vehicle capable of vertical takeoff and forward flight. Its aim is to enable faster, easier commutes and alleviate urban congestion through proprietary technology that raises the vehicle safely and quietly above everyday traffic. The company was established in 2015 in Santa Clara, California.

Alef Aeronautics

Seed Round in 2022
Alef Aeronautics is a sustainable electric transportation company designing and developing a road-legal passenger vehicle capable of vertical takeoff and forward flight. Its aim is to enable faster, easier commutes and alleviate urban congestion through proprietary technology that raises the vehicle safely and quietly above everyday traffic. The company was established in 2015 in Santa Clara, California.

TRAXyL

Seed Round in 2022
TRAXyL is a fiber deployment company that has developed FiberTRAX, a system that applies optical fiber directly to road surfaces to distribute broadband without trenching. The approach enables municipalities, internet service providers, and other organizations to extend connectivity quickly and cost-effectively to campuses, hospitals, military bases, and other challenged areas, supporting 5G rollout and efforts to close the digital divide. Founded in 2014 and based in Warrenton, Virginia, TRAXyL's technology aims to accelerate fiber deployment by painting fiber on pavement rather than burying cables.

TRAXyL

Seed Round in 2022
TRAXyL is a fiber deployment company that has developed FiberTRAX, a system that applies optical fiber directly to road surfaces to distribute broadband without trenching. The approach enables municipalities, internet service providers, and other organizations to extend connectivity quickly and cost-effectively to campuses, hospitals, military bases, and other challenged areas, supporting 5G rollout and efforts to close the digital divide. Founded in 2014 and based in Warrenton, Virginia, TRAXyL's technology aims to accelerate fiber deployment by painting fiber on pavement rather than burying cables.

Alef Aeronautics

Seed Round in 2021
Alef Aeronautics is a sustainable electric transportation company designing and developing a road-legal passenger vehicle capable of vertical takeoff and forward flight. Its aim is to enable faster, easier commutes and alleviate urban congestion through proprietary technology that raises the vehicle safely and quietly above everyday traffic. The company was established in 2015 in Santa Clara, California.

Alef Aeronautics

Seed Round in 2021
Alef Aeronautics is a sustainable electric transportation company designing and developing a road-legal passenger vehicle capable of vertical takeoff and forward flight. Its aim is to enable faster, easier commutes and alleviate urban congestion through proprietary technology that raises the vehicle safely and quietly above everyday traffic. The company was established in 2015 in Santa Clara, California.

Arrow Labs

Series A in 2021
Arrow Labs is a mobility software company based in Dubai that develops workforce-focused mobility solutions and wearables-enabled platforms. The company offers modular, machine learning–driven systems to manage field resources and optimize operations for industries including facility management, hospitality, logistics, security, and transportation. Its MIMS mobility platform targets the modern workforce, delivering innovative mobility applications that address niche requirements and scale to provide improved efficiency, productivity, and reduced operating costs.

Alef Aeronautics

Seed Round in 2020
Alef Aeronautics is a sustainable electric transportation company designing and developing a road-legal passenger vehicle capable of vertical takeoff and forward flight. Its aim is to enable faster, easier commutes and alleviate urban congestion through proprietary technology that raises the vehicle safely and quietly above everyday traffic. The company was established in 2015 in Santa Clara, California.

Near Space Labs

Seed Round in 2018
Near Space Labs is an aerial imagery and earth observation company based in the United States that specializes in providing high-quality geospatial information for various sectors. The company offers cloud-based delivery of fully processed images through its API, facilitating easy monitoring of assets across broad or specific areas. Near Space Labs supports businesses, government organizations, and partners by delivering actionable insights that enhance remote sensing capabilities. Its services are utilized in diverse fields, including insurance, utilities, infrastructure, conservation, smart cities, retail, energy, and disaster response. By monitoring construction progress and addressing issues such as pipeline leaks, vegetation encroachment, and weather-related damage, Near Space Labs enables clients to improve mobility, leisure, and urban planning.

Alef Aeronautics

Seed Round in 2018
Alef Aeronautics is a sustainable electric transportation company designing and developing a road-legal passenger vehicle capable of vertical takeoff and forward flight. Its aim is to enable faster, easier commutes and alleviate urban congestion through proprietary technology that raises the vehicle safely and quietly above everyday traffic. The company was established in 2015 in Santa Clara, California.

Alef Aeronautics

Pre Seed Round in 2017
Alef Aeronautics is a sustainable electric transportation company designing and developing a road-legal passenger vehicle capable of vertical takeoff and forward flight. Its aim is to enable faster, easier commutes and alleviate urban congestion through proprietary technology that raises the vehicle safely and quietly above everyday traffic. The company was established in 2015 in Santa Clara, California.
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