Tech Company Financing Transactions
Augmentus Funding Round
Augmentus secured a $5.7 million Series A venture capital round on 11/14/2023. Investors included Sierra Ventures and Cocoon Capital.
Transaction Overview
Company Name
Announced On
11/14/2023
Transaction Type
Venture Equity
Amount
$5,700,000
Round
Series A
Investors
Sierra Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate its growth by onboarding an estimated 100,000 users across the UK and US in 2024.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
75 Ayer Rajah Crescent Number 02-07
Singapore, 139953
SG
Singapore, 139953
SG
Phone
Undisclosed
Website
Email Address
Overview
Augmentus was born from the personal experiences and pain points of our founders. In their previous line of work, they led teams to develop robotics solutions for multi-national corporations and spent countless hours programming and integrating different robot hardware to deploy for automation projects. This inspired them to build an AI robotics system that is intelligent enough to fully automate industrial robots, eliminating coding and downtime in automation.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Leong Shin
Chief Operating Officer
Daryl Lim
Chief Technical Officer
Chong Foo
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. 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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