3 ms·
Could you provide a single example of a successful hardware Kickstarter that has made it to production without a VC series-A?
by josephpmay 11y ago
Could you provide a single example of a successful hardware Kickstarter that has made it to production without a VC series-A?
- ajross 11y agoFormlabs shipped their first printers before VC money I believe. Wikipedia tells me they've since taken $19M more via traditional channels.
- iammaxus 11y agoNot exactly. We raised a seed round of $1.8m a little less than 1 year before the Kickstarter. We probably could have built and shipped the product off of the crowdfunding proceeds, but we couldn't have had such a successful crowdfunding campaign without spending some of that money to design the product and market it well.
- jkestner 11y agoDefine "successful hardware Kickstarter". There's more than just the ones you hear about because they raised millions. The vast majority of hardware Kickstarters get shipped without additional funding.
- pdmccormick 11y agoKilpatrick Audio (http://www.kilpatrickaudio.com/ http://www.kilpatrickaudio.com/) did a Kickstarter for their Phenol patchable analog synthesizer, which I believe is now generally available for order.
- avidanr 11y agoParticle.io It used to be called Spark Devices. They successfully shipped the spark core, then Root Ventures led their series A (we were called Lion Wells back then)....i know, so many name changes!