Update: CyPhy Works’ New Drone Captures Nearly $900,000 During the Final Hours on Kickstarter

During the final hours of its crowdfunding campaign on Kickstarter, Helen Greiner’s CyPhy Works successfully secured over $900,000 from 1,514 backers for its product, the LVL 1 drone.

As previously reported, the drone is designed to be 100% user-friendly and accessible to just about anyone, including new drone users. The development team shared:

CyPhy LVL 1 1“Other multi-rotor drones have to tilt in order to move. This creates swaying motion in the video which requires elaborate, expensive, and fragile mounts in order to stabilize.

 

“Worse, because in these drones the camera— the most expensive part of the drone— is the closest to the ground, any hard landings hit the camera first. Enter, Level-Up. This revolutionary technology changes everything. Our drone never tilts, allowing it to snap perfect pictures and stable video every time. By eliminating tilting, the drone handles intuitively, with an unrivaled out-of-the-box experience.

 

CyPhy LVL 1 2“Thanks to its special shape, our LVL 1 simplifies aerial photography. There’s no complex, expensive stabilization mount or vulnerable camera. You’ll take stunning pictures with ease. Not to worry, if you want to fly loops or rolls, Level-Up can simply be disabled, allowing you to push our drone to its full aerobatic potential.”

Other features of the LVL 1 include Level-Up Level Flight Technology; Intuitive Controls; Real-Time Sharing; User-Defined Geo-Fencing; 20+ Minutes of Flight Time; and Rapid USB Charging Smart Battery. It will also have an iOS and Android App.

LVL 1 2During a recent update, the team shared their excitement for the campaign’s success:

“We are thrilled by your massive show of support – 1,514 backers pledged $882,478 for our LVL 1 vision. But we’re not celbrating, not just yet. We have scurried back to work to complete the LVL 1 design and polish it for manufacture. We are also working on our Kickstarter Stretch Goals.”

They also thanked backers for suggesting various ideas for the new drone such as:

  • LVL 1 1Camera Control Pack, offering time lapse and time delay mode, RAW photo storage, manual camera control, and burst mode.
  • Drone Behavior Pack, adding autonomy with orbit mode, GPS line/path following, and Follow-Me/Follow-You.
  • Geofence Pack, including the ability to create geofences on your computer, so you can build enclosures of any size or complexity; uploading and downloading geofences, so you can share them; and integration with Airmap.io, to keep you up to date with locations where it is safe and legal to fly.

They then added:

“We will be staying in touch with our Kickstarter backers, providing status and progress updates so you can watch your drones being ‘born.'”

CyPhy’s LVL 1 drone is set to ship in February 2016.


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Disclosure Quest

Reg A - Form 1-A Filings Beta

Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.

YTD: Jan 1, 2026 - Oct 21, 2026 vs Jan 1, 2025 - Oct 21, 2025

Share this graph
Number of Filings130Prior 125 +4.0%
Target Raise, Total$3.37BPrior $3.54B -4.7%
This YTDYear priorChange
Filings 130 125 +4.0%
Target raise $3.37B $3.54B -4.7%

Sponsored by the Crowded Media Group the leading digital news service covering the global Fintech Industry, including digital assets, crowdfunding, tokenization, and other innovations in capital markets. email us @CrowdfundInside

Source: DisclosureQuest. Initial Form 1-A only.

Created by Crowded Media Group

This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.

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