Tech Company Financing Transactions
Pashoot Robotics Funding Round
Pashoot Robotics closed a $1.5 million funding round on 5/31/2023. Investors included Israeli Innovation Authority and private investors.
Transaction Overview
Company Name
Announced On
5/31/2023
Transaction Type
Venture Equity
Amount
$1,500,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to further develop its technology and make robotic automation accessible to a broader range of users.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
Pinhas Sapir Street 8
Ness Ziona, 7403631
IL
Ness Ziona, 7403631
IL
Phone
Undisclosed
Website
Email Address
Overview
We believe that manufacturing should be fully automated, and that using robotic arms should be simple and intuitive. Pashoot; "simple" in Hebrew, combines cutting edge AI-Robotics software with off-the-shelf robotic arms,transforming them to have human-like learning and work capabilities. Our solution focuses on fast, cheap and flexible deployment of robotic arms. The company was founded in 2020 by AI and computer vision experts, revolutionizing the automation in the manufacturing industry, including machine tending, logistics, packing and so on.
Management Team
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