A financial document filed with the Securities and Exchange Commission on Wednesday, showed that the company was only looking to raise $40 million in the round. According to the document, it had sold just over $32 million worth of shares. It’s unclear how 3D Robotics exceeded the $40 million it originally expected to raise.
In raising $50 million, 3D Robotics has obtained a total of more than $85 million in funding to date.
Now 3D Robotics has offices in three cities in addition to a factory in Tijuana. The company is expected to reach sales of $50 million this year according to the BBC.
Stop breadboarding and soldering – start making immediately! Adafruit’s Circuit Playground is jam-packed with LEDs, sensors, buttons, alligator clip pads and more. Build projects with Circuit Playground in a few minutes with the drag-and-drop MakeCode programming site, learn computer science using the CS Discoveries class on code.org, jump into CircuitPython to learn Python and hardware together, or even use Arduino IDE. Circuit Playground Express is the newest and best Circuit Playground board, with support for MakeCode, CircuitPython, and Arduino. It has a powerful processor, 10 NeoPixels, mini speaker, InfraRed receive and transmit, two buttons, a switch, 14 alligator clip pads, and lots of sensors: capacitive touch, IR proximity, temperature, light, motion and sound. A whole wide world of electronics and coding is waiting for you, and it fits in the palm of your hand.
Have an amazing project to share? The Electronics Show and Tell with Google Hangouts On-Air is every Wednesday at 7:30pm ET! To join, head over to YouTube and check out the show’s live chat – we’ll post the link there.
