Tech Company Financing Transactions

Glacier Robotics Funding Round

Glacier Robotics secured a $7.7 million investment round on 3/6/2024. Investors included Amazon, New Enterprise Associates and AlleyCorp.

Transaction Overview

Company Name
Announced On
3/6/2024
Transaction Type
Venture Equity
Amount
$7,700,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds for team expansion and development of its robots and to bolster its recycling capabilities, particularly in light of its recent collaboration with Amazon geared towards enhancing traceability and recovery processes for recyclable materials.

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


 

 

Browse more venture capital transactions:

Prev: 3/6/2024: NitroVolt venture capital transaction
Next: 3/6/2024: Greenlyte Carbon Technologies venture capital transaction

 

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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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