Draper Associates

Draper Associates, L.P. is a venture capital firm established in 1985 and headquartered in San Mateo, California. The firm specializes in seed-stage and early-stage investments across a variety of sectors, including consumer technology, financial technology, healthcare, education, and logistics, among others. Draper Associates seeks to identify and support innovative companies that have the potential to disrupt their respective markets. The firm is committed to fostering entrepreneurial talent and facilitating the growth of transformative businesses that can create significant economic impact. With a global investment approach, Draper Associates aims to build a portfolio of companies poised for substantial growth and success in the evolving landscape of technology and business.

Maxime Bucaille

Investor

Daniel Sangyoon Kim

Analyst

Megan Kurohara

Investor

Tyrone Lee

Venture Partner

James Walker

Principal

Past deals in Drones

Lord of the Trees

Pre Seed Round in 2022
Lord of the Trees is a global reforestation project that uses precision drone technology to plant seeds & restore ecosystems in degraded land.

Slingshot Aerospace

Series A in 2022
Slingshot Aerospace, Inc. is a company that develops innovative online tools and platforms aimed at providing geospatial information for the aerospace and defense sectors. Incorporated in 2016 and headquartered in El Segundo, California, with an additional office in Austin, Texas, Slingshot Aerospace offers a suite of platforms—Slingshot Earth, Slingshot Orbital, Slingshot Edge, and Slingshot Imagery—that integrate data from a variety of sources, including satellites, airplanes, drones, and ground-based sensors. This integration enables organizations in industries such as energy, military, government, and emergency management to access critical insights and analytics. By leveraging advanced technologies, including signal processing AI, the company helps clients make informed decisions based on Earth Observation data and other data sources, ultimately improving operational efficiency, reducing risks, and lowering costs.

Alef Aeronautics

Seed Round in 2021
Armada operates in a stealth mode

Alef Aeronautics

Seed Round in 2021
Armada operates in a stealth mode

Neurala

Venture Round in 2021
Neurala, Inc. specializes in developing deep learning neural network software that enhances the autonomy and functionality of various smart products, including robots, drones, self-driving cars, toys, and cameras. Central to its offerings is the Neurala Brain, a lightweight and efficient solution modeled after animal brains, designed to operate effectively in real-time and under constraints such as limited battery life and connectivity. Neurala's products include a software development kit for robots, a platform called Brain Builder for creating custom vision AI solutions, and Neurala Brain Net, which analyzes videos and images to identify important objects for businesses. Additionally, the company provides Roboscope, a gaming software for drones. Founded in 2006 and based in Boston, Massachusetts, with an office in San Mateo, California, Neurala's innovative technology has its origins in a project for NASA aimed at autonomous planetary exploration.

Alef Aeronautics

Seed Round in 2020
Armada operates in a stealth mode

Near Space Labs

Seed Round in 2018
Near Space Labs is an aerial imagery and earth observation company, Near Space Labs' imagery makes it easy to monitor assets and gain remote access over broad or specific areas. Near Space Labs offers cloud-based delivery of fully processed images through its API. The company provides frictionless, affordable imaging for insurance, utilities, infrastructure, conservation, smart cities, retail, energy, government, and disaster response.

Alef Aeronautics

Seed Round in 2018
Armada operates in a stealth mode

Natilus

Seed Round in 2017
Natilus Inc. is a drone manufacturing company based in San Jose, California, founded in 2016 by LZ Zhang, Anatoly Starikov, and Aleksey Matyushev. The company specializes in designing large-scale drones, comparable in size to Boeing 747s, aimed at providing intercontinental cargo delivery services. These drones are constructed using carbon fiber composites and utilize existing turbofan and turboprop engines, which allows for efficient operation and reduced air freight costs. Natilus has completed flight tests of its 2,200-pound prototype and has a significant order book rumored to exceed $1 billion. The company's innovative approach to freight forwarding aims to enhance the capabilities of transport and delivery companies worldwide.

Gravity

Venture Round in 2017
Gravity Industries Ltd is a British start-up specializing in human propulsion technology, founded in March 2017 by Richard Browning and based in Barnet, United Kingdom. The company has developed a groundbreaking flight suit that integrates body-mounted miniaturized jet engines with an exoskeletal design. This innovative suit enables pilots to take off vertically and control their flight using body movements, specifically shifting their weight and manipulating their arms. The technology features four arm-mounted and two hip-mounted gas turbine engines, providing sufficient thrust to sustain human flight over extended periods. Gravity's products find applications in both commercial and entertainment sectors, reflecting its mission to inspire and advance the future of human flight.

Mothership Aeronautics

Seed Round in 2017
Mothership Aeronautics Limited specializes in developing and manufacturing solar-powered airships designed for inspection, surveillance, and monitoring applications. Founded in 2016 and headquartered in South San Francisco, California, the company provides a range of services including infrastructure inspection, magnetic sensing, terrain mapping, thermal sensing, and inspections of solar panels and wind turbines. Mothership Aeronautics also offers data processing services such as 3D and digital modeling, mapping, and planimetrics. Its solutions cater to various industries, including oil and gas, transportation, mining, and renewable energy, utilizing innovative technologies that combine lighter-than-air lifting methods with high power density photovoltaics.

Global Energy Transmission

Seed Round in 2017
Global Energy Transmission Corporation specializes in long-distance wireless power transmission solutions, particularly for industrial applications. Based in Woodland, Washington, the company has developed GET Distant Wireless Power Technology, which allows battery-powered drones to recharge in flight. This innovative technology enables drones to hover for a few minutes in designated charging areas, which can be strategically installed along flight routes or within facilities. The company offers the GET Air solution, comprising a Ground Station for wireless power transmission and commercial-grade drones equipped with proprietary wireless power receiving systems and rapid battery charging packs. This technology supports various drone applications, including parcel delivery, inspection, surveillance, mapping, agricultural monitoring, and rescue operations, while ensuring functionality across diverse environmental conditions.

Alef Aeronautics

Pre Seed Round in 2017
Armada operates in a stealth mode

Mothership Aeronautics

Seed Round in 2017
Mothership Aeronautics Limited specializes in developing and manufacturing solar-powered airships designed for inspection, surveillance, and monitoring applications. Founded in 2016 and headquartered in South San Francisco, California, the company provides a range of services including infrastructure inspection, magnetic sensing, terrain mapping, thermal sensing, and inspections of solar panels and wind turbines. Mothership Aeronautics also offers data processing services such as 3D and digital modeling, mapping, and planimetrics. Its solutions cater to various industries, including oil and gas, transportation, mining, and renewable energy, utilizing innovative technologies that combine lighter-than-air lifting methods with high power density photovoltaics.

Neurala

Series A in 2017
Neurala, Inc. specializes in developing deep learning neural network software that enhances the autonomy and functionality of various smart products, including robots, drones, self-driving cars, toys, and cameras. Central to its offerings is the Neurala Brain, a lightweight and efficient solution modeled after animal brains, designed to operate effectively in real-time and under constraints such as limited battery life and connectivity. Neurala's products include a software development kit for robots, a platform called Brain Builder for creating custom vision AI solutions, and Neurala Brain Net, which analyzes videos and images to identify important objects for businesses. Additionally, the company provides Roboscope, a gaming software for drones. Founded in 2006 and based in Boston, Massachusetts, with an office in San Mateo, California, Neurala's innovative technology has its origins in a project for NASA aimed at autonomous planetary exploration.

Natilus

Seed Round in 2016
Natilus Inc. is a drone manufacturing company based in San Jose, California, founded in 2016 by LZ Zhang, Anatoly Starikov, and Aleksey Matyushev. The company specializes in designing large-scale drones, comparable in size to Boeing 747s, aimed at providing intercontinental cargo delivery services. These drones are constructed using carbon fiber composites and utilize existing turbofan and turboprop engines, which allows for efficient operation and reduced air freight costs. Natilus has completed flight tests of its 2,200-pound prototype and has a significant order book rumored to exceed $1 billion. The company's innovative approach to freight forwarding aims to enhance the capabilities of transport and delivery companies worldwide.

SkyWard

Seed Round in 2015
Skyward IO, Inc. specializes in enterprise-grade software for fleet and operations management, particularly for commercial drone businesses. The company's flagship product, The SkyWard System, is a cloud-based software that integrates a comprehensive drone airspace map with flight planning tools and a digital system of record. This solution addresses various operational needs, including regulatory compliance, fleet and personnel management, and the establishment of safe and efficient flight procedures. Founded in 2012 by professionals with expertise in aviation and computer science, Skyward aims to uphold high standards of safety and professionalism in the evolving field of aviation. Based in Portland, Oregon, the company has operated as a subsidiary of Verizon Enterprise Solutions since 2017.

SkyWard

Seed Round in 2014
Skyward IO, Inc. specializes in enterprise-grade software for fleet and operations management, particularly for commercial drone businesses. The company's flagship product, The SkyWard System, is a cloud-based software that integrates a comprehensive drone airspace map with flight planning tools and a digital system of record. This solution addresses various operational needs, including regulatory compliance, fleet and personnel management, and the establishment of safe and efficient flight procedures. Founded in 2012 by professionals with expertise in aviation and computer science, Skyward aims to uphold high standards of safety and professionalism in the evolving field of aviation. Based in Portland, Oregon, the company has operated as a subsidiary of Verizon Enterprise Solutions since 2017.

Vires Aeronautics

Seed Round in 2013
VIRES Aeronautics, Inc. specializes in advanced wing design technology aimed at enhancing the performance of various vehicles, particularly in the aeronautics sector. Established in 2013 and headquartered in Livermore, California, the company offers the VIRES Aquila MK1, a wing equipped with an embedded control surface that retrofits legacy aircraft. This innovative design enables significant improvements such as faster takeoff and landing, increased payload capacity, enhanced maneuverability, extended range, and reduced fuel consumption. Beyond aeronautics, VIRES Aeronautics' technology has potential applications in multiple industries, including automobiles, submarines, ships, turbines, and trains. The company is well-positioned to make a substantial impact across these diverse markets.
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