Tech Company Financing Transactions
Brain Corp. Funding Round
On 4/28/2020, Brain Corp. raised $36 million in Series D funding from SoftBank Vision Fund, ClearBridge Investments and Qualcomm Ventures.
Transaction Overview
Company Name
Announced On
4/28/2020
Transaction Type
Venture Equity
Amount
$36,000,000
Round
Series D
Investors
SoftBank Vision Fund (Lead Investor) (Masayoshi Son)
Qualcomm Ventures (Paul Jacobs)
Proceeds Purpose
The company intends to use the funds to further expand growth into new robotic applications beyond floor care, including inventory delivery, shelf analytics, and other applications that improve employee productivity, reduce costs, and enhance customer experiences.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
10182 Telesis Ct. 100
San Diego, CA 92121
USA
San Diego, CA 92121
USA
Phone
Website
Email Address
Overview
Brain Corp is a San Diego-based A.I. company that partners with manufacturers of commercial equipment to convert their manual machines into autonomous robots. Brain Corp's technology represents the next generation of artificial brains for robots.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Eugene Izhikevich
Chief Financial Officer
Shawn Swaney
Chief Operating Officer
Scott Carter
Co-Founder
Allen Gruber
Vice President
Jean Passot
Vice President
Michel Spruijt
VP - Bus. Development
David Pinn
VP - General Counsel
Andrew Ng
VP - Human Resources
Jennifer Bigelow
VP - Product Management
Melissa Purcell
VP - Sales
Christian Cornelius-Knudsen
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Where The Data Comes From
We record every notable VC transaction. VC transactions reported here are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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