Petronics Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Out of Business

  • Latest Deal Type
  • Out of Business

Petronics General Information

Description

Developer of electronic pet products designed to offer robot-based toys. The company's products let indoor cats learn to hunt and are equipped with a 360-degree camera, motion sensing technologies, and Bluetooth, enabling cat owners to reduce their cat's obesity.

Contact Information

Website
www.petronics.io
Ownership Status
Out of Business
Financing Status
Formerly VC-backed
Corporate Office
  • 60 Hazelwood Drive
  • Room 2016
  • Champaign, IL 61820
  • United States
Primary Industry
Other Consumer Durables
Other Industries
Electronics (B2C)
Vertical(s)
Robotics and Drones, TMT, Pet Technology
Corporate Office
  • 60 Hazelwood Drive
  • Room 2016
  • Champaign, IL 61820
  • United States

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Petronics Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Out of Business 11-Sep-2022 Completed Out of Business
6. Secondary Transaction - Private 01-Feb-2022 Completed Generating Revenue
5. Later Stage VC (Series A) 30-Apr-2019 Completed Generating Revenue
4. Seed Round 06-Feb-2017 Completed Product Development
3. Grant 01-Jan-2016 Completed Product Development
2. Product Crowdfunding 06-Dec-2014 $117K $25K Completed Startup
1. Accelerator/Incubator 14-Jul-2014 $25K $25K Completed Startup
To view Petronics’s complete valuation and funding history, request access »

Petronics Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Seed 2
Seed
To view Petronics’s complete cap table history, request access »

Petronics Patents

  • 8

    Total Documents Applications and Grants

  • Total Patents Families

  • 3

    Granted

  • Pending

  • Expiring in next 12 mo

Petronics Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-10632393-B2 Mechanized tail for mobile devices Inactive 13-Jan-2017
US-20180200637-A1 Mechanized tail for mobile devices Active 13-Jan-2017
US-20190000041-A1 Mobile object avoiding mobile platform Inactive 13-Jan-2016
US-10051839-B2 Animal exerciser system Active 13-Jan-2016
US-20170196199-A1 Animal exerciser system Active 13-Jan-2016 A01K15/027
To view Petronics’s complete patent history, request access »

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Petronics FAQs

  • When was Petronics founded?

    Petronics was founded in 2014.

  • Where is Petronics headquartered?

    Petronics is headquartered in Champaign, IL.

  • What industry is Petronics in?

    Petronics’s primary industry is Other Consumer Durables.

  • Is Petronics a private or public company?

    Petronics is a Private company.

  • What is Petronics’s current revenue?

    The current revenue for Petronics is .

  • How much funding has Petronics raised over time?

    Petronics has raised $2.52M.

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