2: Elroy Air
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In each of our podcasts, we ask top hardware entrepreneurs the same 10 questions to better understand the challenges and best practices in starting a hardware company. In Season 2 Episode 5, Lemnos’s Eric Klein speaks with Dave Merrill, CEO and Clint Cope, co-founder of Elroy Air, a Lemnos portfolio company. Elroy Air recently announced that it had secured $4.6 million in seed funding to develop its large autonomous cargo delivery aircraft. Why did you start your hardware company? Dave: We are a transportation company in the aerospace space. We are developing a system to carry goods, to carry cargo by air over hundreds of miles. Clint and I realized it could be done and that it could change the world if it was done, and that we were uniquely suited to do it. That was so exciting that we just got started immediately. Had you worked on hardware projects before this startup? Dave: I was at Stanford doing symbolic systems, then I did a Master’s in Computer Science, then went to the MIT Media Lab, and basically…