Parrot
174 quai de Jemmapes, Paris, Ile-de-France, 75010, France
Overview
Parrot, a global leader in wireless devices for mobile phones, stands on the cutting edge of innovation. The company was founded in 1994 by Henri Seydoux as part of his determination to drive the inevitable breakthrough of mobile phones into everyday life by creating high-quality, user-friendly wireless devices for easy living. Parrot has developed the most extensive range of hands-free systems on the market for cars. Its globally recognised expertise in the fields of mobile connectivity and multimedia around Smartphones has positioned Parrot as a key player of in-car infotainment. Additionally, Parrot designs and markets a prestigious line of high-end wireless multimedia products in collaboration with some of the world’s most well-renowned designers. Finally, Parrot is expanding on the UAV market with the Parrot AR.Drone, the first quadricopter piloted via Wi-Fi and using augmented reality and so with new solutions to address the UAV market for professional use. Parrot, headquartered in Paris, currently employs more than 750 people worldwide and generates the majority of its sales overseas. Parrot is listed on NYSE Euronext Paris since 2006.
- Total investments
- 2
- Lead investments
- 2
- Investments · 12mo
- 0
- Active investors
- 5
Sector focus
- Automotive
- Consumer Electronics
- Mobile
- Product Design
- Wireless
Investment portfolio
- MicaSense
Led · Equity · Feb 2016
MicaSense develops hardware and software that allow farmers to collect and analyze multispectral imagery of their fields via drones. Its flagship RedEdge and newly launched Sequoia cameras capture plant reflectance data, which is processed through the company’s cloud-based ATLAS analytics platform to monitor crop health and improve yields. The Sequoia sensor is lighter, smaller, and lower-priced, broadening compatibility with the growing base of small fixed-wing and multirotor drones. Headquartered in Seattle after relocating from California, the startup has grown to 14 employees and plans to double headcount in 2016. Recent funding will expand its software development team and enhance the ATLAS platform while the company remains platform-agnostic, partnering with multiple UAV manufacturers. MicaSense has strengthened ties with major drone maker Parrot, positioning itself to potentially join Parrot’s family of companies in the coming years.