Tech Company Financing Transactions
Grabit Funding Round
Formation 8, ABB Technology Ventures and NIKE participated in a Series A capital raise for Grabit. The round was announced on 10/9/2013.
Transaction Overview
Company Name
Announced On
10/9/2013
Transaction Type
Venture Equity
Amount
Unknown
Round
Series A
Investors
Proceeds Purpose
The funding will enable Grabit to commercialize electroadhesion technology for existing and new customers in multiple material handling applications. We are also delighted to have strategic investors with such a broad global reach in the multi-billion dollar manufacturing and logistics market.
Company Information
Company Status
Private & Independent
Industry
Advanced Materials
Mailing Address
1246 Reamwood Ave.
Sunnyvale, CA 94089
USA
Sunnyvale, CA 94089
USA
Phone
Website
Email Address
Overview
Grabit Inc. is revolutionizing material handling with its patented electroadhesion technology.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Greg Miller
Chief Financial Officer
Ronald Wilderink
Chief Technical Officer
Harsha Prahlad
VP - Client Services
Ken Lo
VP - Engineering
David Rocki
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We report on all VC transactions involving tech companies. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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