Petronics Overview
- Founded
-
2014
- Status
-
Private
- Latest Deal Type
-
2ndary - Private
- Investors
-
7
Petronics General Information
Description
Developer of an online platform designed to offer robot-based toys for pets. The company's platform lets indoor cats learn hunting and 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
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Electronics (B2C)
Primary Office
- 60 Hazelwood Drive
- Champaign, IL 61820
- United States
+1 (217) 000-0000
Petronics Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Secondary Transaction - Private | 00.000 | Completed | Generating Revenue | |||
| 5. Early Stage VC (Series A) | 30-Apr-2019 | 00.000 | Completed | Generating Revenue | ||
| 4. Seed Round | 06-Feb-2017 | 00.00 | 00.000 | 00.00 | Completed | Product Development |
| 3. Grant | 01-Jan-2016 | 00000 | 0000 | Completed | Product Development | |
| 2. Product Crowdfunding | 06-Dec-2014 | $117K | $25K | Completed | Startup | |
| 1. Accelerator/Incubator | 14-Jul-2014 | $25K | $25K | Completed | Startup |
Petronics Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed 2 | 000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 0.000 | |
| Seed | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
Petronics Patents
Petronics Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-10632393-B2 | Mechanized tail for mobile devices | Active | 13-Jan-2017 | 0000000000 | 0 |
| US-20180200637-A1 | Mechanized tail for mobile devices | Granted | 13-Jan-2017 | 0000000000 | 0 |
| US-20170196199-A1 | Animal exerciser system | Granted | 13-Jan-2016 | 0000000000 | |
| US-10051839-B2 | Animal exerciser system | Active | 13-Jan-2016 | 0000000000 | 0 |
| US-20190000041-A1 | Mobile object avoiding mobile platform | Abandoned | 13-Jan-2016 | A01K15/027 | 0 |
Petronics Executive Team (6)
| Name | Title | Board Seat | Contact Info |
|---|---|---|---|
| Dave Cohen | Co-Founder & Co-Chief Executive Officer | ||
| Lutrell Christian | Co-Founder & Co-Chief Executive Officer | ||
| David Jun Ph.D | Co-Founder | ||
| Michael Friedman | Co-Founder |
Petronics Investors (7)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| Atlantic Bridge Capital | Growth/Expansion | Minority | 000 0000 | 000000 0 | |
| Fox Ventures | Corporate Venture Capital | Minority | 000 0000 | 000000 0 | |
| Harbor Street Ventures | Family Office | Minority | 000 0000 | 000000 0 | |
| Illinois Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | |
| Shengjing360 | VC-Backed Company | Minority | 000 0000 | 000000 0 |