Tech Company Financing Transactions
CleanRobotics Funding Round
CleanRobotics, based in Longmont, secured $4.5 million in funding from Melco International Development, Longmont Evergreen Opportunity Fund and SOSV.
Transaction Overview
Company Name
Announced On
8/13/2022
Transaction Type
Venture Equity
Amount
$4,500,000
Round
Series A
Investors
Proceeds Purpose
The funding will go toward CleanRobotics' plans to produce "hundreds" of systems, in addition to those already installed in high-traffic areas like shopping malls and airports.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
1341 Trail Ridge Rd
Longmont, CO 80504
USA
Longmont, CO 80504
USA
Phone
Undisclosed
Email Address
Overview
CleanRobotics was created to eliminate the general public's confusion when selecting the right bin for waste disposal. Contamination of recyclables happens on a large scale at facilities with high traffic such as airports and hospitals, resulting in high recycling costs and low yields.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Charles Yhap
Co-Founder
Tanner Cook
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