Tech Company Financing Transactions

Glacier Robotics Funding Round

New Enterprise Associates and private investors joined a $4.5 million Seed capital raise for Glacier Robotics. The funding round closed on 4/19/2022.

Transaction Overview

Company Name
Announced On
4/19/2022
Transaction Type
Venture Equity
Amount
$4,500,000
Round
Seed
Investors

New Enterprise Associates (Lead Investor)

private investors (Jeff Immelt)

private investors (Manik Gupta)

private investors (Sophie Purdom)

Proceeds Purpose
The funding will go toward increasing headcount and accelerating the system's commercial deployment. Founded in 2019, Glacier has run a number of pilots. More recently, it launched its first commercial system at a facility in Los Angeles.

Company Information

Company Status
Private & Independent
Industry
Robotics
Mailing Address
745 Clementina Street Unit A
San Francisco, CA 94103
USA
Phone
Undisclosed
Email Address
Not Recorded
Overview
Developer of waste management technology designed to reduce waste. The company's technology utilizes machine learning for identifying and sorting commodities and diverting more recyclables from landfills, which decreases carbon emissions, energy usage, and depletion of natural resources, enabling clients to be more streamlined, accurate, and profitable.
Profile
Glacier Robotics LinkedIn Company Profile
Social Media
Glacier Robotics Company Twitter Account
Company News
Glacier Robotics News
Facebook
Glacier Robotics on Facebook
YouTube
Glacier Robotics on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Areeb Malik
  Areeb Malik LinkedIn Profile  Areeb Malik Twitter Account  Areeb Malik News  Areeb Malik on Facebook
Co-Founder
Rebecca Hu
  Rebecca Hu LinkedIn Profile  Rebecca Hu Twitter Account  Rebecca Hu News  Rebecca Hu on Facebook


 

 

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