Tech Company Financing Transactions

Burro Funding Round

Burro, operating out of Philadelphia, raised $24 million in investment from Catalyst Investors, Translink Capital and Cibus Fund.

Transaction Overview

Company Name
Announced On
1/9/2024
Transaction Type
Venture Equity
Amount
$24,000,000
Round
Series B
Investors

Catalyst Investors (Lead Investor) (Brian Rich)

Translink Capital (Lead Investor) (Kaz Kikuchi)

Cibus Fund

F-Prime Capital

S2G Ventures (Sanjeev Krishnan)

Toyota Ventures

Proceeds Purpose
The company intends to use the funds to expand its commercial, product and engineering teams, bring on more dealers, and launch new products in direct response to customer demand, beginning with its new product offering: Burro Grande.

Company Information

Company Status
Private & Independent
Industry
Robotics
Mailing Address
2025 Washington Ave.
Philadelphia, PA 19146
USA
Email Address
Not Recorded
Overview
Our mission at Augean Robotics is to solve the labor problem facing farmers by making robots like Wall-E a reality. To do this, we are starting first with a collaborative robotic platform called Burro, that helps people work more productively today, while building the base for more expansive autonomy where it is needed most. We believe this is the path towards a future where farming is fully autonomous.
Profile
Burro LinkedIn Company Profile
Social Media
Burro Company Twitter Account
Company News
Burro News
Facebook
Burro on Facebook
YouTube
Burro on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Charlie Andersen
  Charlie Andersen LinkedIn Profile  Charlie Andersen Twitter Account  Charlie Andersen News  Charlie Andersen on Facebook
Chief Operating Officer
Kevin Leiter
  Kevin Leiter LinkedIn Profile  Kevin Leiter Twitter Account  Kevin Leiter News  Kevin Leiter on Facebook
Chief Technical Officer
Terry Scott
  Terry Scott LinkedIn Profile  Terry Scott Twitter Account  Terry Scott News  Terry Scott on Facebook
Co-Founder
Vibhor Sood
  Vibhor Sood LinkedIn Profile  Vibhor Sood Twitter Account  Vibhor Sood News  Vibhor Sood on Facebook


 

 

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We do our best to report on every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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