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Lily Camera RIP : Company files for bankruptcy after taking in $34 million dollars in pre-orders and investments

Lily Robotics, a start-up operating from the domain Lily.Camera, has filed for bankruptcy, having taken in more than 60,000 pre-orders that were never shipped. After seed investors poured in millions of dollars in funding, the company started taking in discounted pre-orders for a revolutionary drone that possessed advanced navigation capabilities. The footage, however, was shot […]

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