Ninety percent of venture capitalists are into software [not hardware]. This was the case back in 2013 and I think it still holds now. Name a VC that's fluent in physical security, law enforcement, robotics, and hardware, and has a track record of delivering [in that market]. That beast doesn't exist.
But professional investors would rain down money on Knightscope like Floyd Mayweather in a strip club if Knightscope's growth was strong.
Knightscope has been at it long enough that if they had product / market fit, customer numbers and growth would be far higher. Maybe they can find it going forward and I hope they do.
Investors were/are similarly ignorant about blood testing and related hardware, but Elizabeth Holmes and Theranos managed to bilk them out of tons of money.
That Li can’t get investors to buy into his robots shows you just how bad he really is at pitching the concept. His claim that he is essentially too forward looking and aggressive for traditional VC money is laughable at best, and fraudulent at worst.
Also, which of Li’s prior endeavors were so successful? His last company aimed at the security market, Carbon Motors, was a colossal failure.
I would think a drone version would be more palatable. if an incident occurs, a drone operator could take manual control and follow a suspect with minimal to no obstacles. integrate access controlled door openers to automatically open doors for drones if the suspect goes through them.