# Drone Racing League funding: rounds and investors

> Drone Racing League has raised $46M across 2 rounds since 2017. Investors include Lux Capital, Lerer Hippeau and Max Ventures. Every round with its source.

Source: https://millionrounds.com/company/drone-racing-league (Millionrounds; every figure on the page links to its filing or article)

United States · [Series C startup](https://millionrounds.com/companies)

# Who invested in *Drone Racing League*

2 rounds we have observed, with the 5 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Drones Gaming

Funding summary Updated 26 Oct 2026

**$46M** raised across 2 rounds since 2017, from 2 sources

**$20M** Series B **$26M** Series C

- **Latest round:** Series C, $26M Jun 2019
- **Step-up i:** 1.3×
- **Investors:** 5

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2018 2019

**$20M** Series B

**$26M** Series C

- **First round:** Series B, $20M
- **Biggest round:** $26M
- **Between rounds:** 2 years

## The rounds

- **Jun 2019** Series C **$26M** *2 new* *1 returning* [Lux Capital](https://millionrounds.com/fund/lux-capital) [Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau) [Max Ventures](https://millionrounds.com/fund/max-ventures-2) Source recorded SEC filing: $26M sold, first sale Jun 2019
- **Jun 2017** Series B **$20M** *3 new* [Lux Capital](https://millionrounds.com/fund/lux-capital) [Sky](https://millionrounds.com/fund/sky) Liberty Media Corporation Reported by TechCrunch SEC filing: $13M sold, first sale Mar 2017

## Founders and team

From the SEC filings it signed: 2 on the team.

- **Joaquin Gamboa** Executive Officer i
- **Nicholas Horbaczewski** Executive Officer, Director i

On the board, as filed i *Adam Goulburn* *Matt Higgins* *Uday Ahuja*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series B** 2017 **Series C** 2019 [Lux Capital](https://millionrounds.com/fund/lux-capital) [Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau) [Max Ventures](https://millionrounds.com/fund/max-ventures-2) [Sky](https://millionrounds.com/fund/sky) Liberty Media Corporation

## Everyone who backed them

[Lux Capital](https://millionrounds.com/fund/lux-capital) VC firm **2** rounds

[Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau) VC firm **1** round

[Max Ventures](https://millionrounds.com/fund/max-ventures-2) VC firm **1** round

[Sky](https://millionrounds.com/fund/sky) VC firm **1** round

Liberty Media Corporation no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=drone-racing-league).

## Also claim to have backed them

These 2 firms list Drone Racing League as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[IECP Ventures](https://millionrounds.com/fund/iecp-ventures) VC firm Per its own site

[Touchdown Ventures](https://millionrounds.com/fund/touchdown-ventures) Corporate VC Per its own site

## Quick answers about Drone Racing League

### Who invested in Drone Racing League?

Drone Racing League's investors include Lux Capital, Lerer Hippeau, Max Ventures, Sky and Liberty Media Corporation.

### How much has Drone Racing League raised?

Drone Racing League has raised $46M across 2 rounds since 2017.

### When did Drone Racing League last raise?

Drone Racing League's most recent round was a Series C of $26M in Jun 2019.

### What was Drone Racing League's biggest round?

Its most recent round, $26M in Jun 2019, is also its largest on record.

### Who backed Drone Racing League first?

Drone Racing League's first round on record, in Jun 2017, was backed by Lux Capital, Sky and Liberty Media Corporation.

### What stage is Drone Racing League at?

Drone Racing League's latest named round is a Series C, in Jun 2019.

### Where is Drone Racing League based?

Drone Racing League is based in the United States.

## Companies like Drone Racing League

In the same sector, and raised in the last eighteen months.

[**Homa** $5.0M · Oct 2026](https://millionrounds.com/company/homa)[**Gardens Interactive** $35M · Oct 2026](https://millionrounds.com/company/gardens-interactive)[**Notey** $3.0M · Oct 2026](https://millionrounds.com/company/notey)[**CreatorFi** $85M · Sept 2026](https://millionrounds.com/company/creatorfi)[**Mach Industries** $1.0B · Sept 2026](https://millionrounds.com/company/mach-industries)[**Windup Minds** $1.6M · Sept 2026](https://millionrounds.com/company/windup-minds)

## Find investors like these

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