Tech Company Financing Transactions
Modular Robotics Funding Round
Modular Robotics, based in Boulder, secured $3 million from Foundry Group and Techstars Ventures.
Transaction Overview
Company Name
Announced On
7/24/2012
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Undisclosed
Investors
Foundry Group (Lead Investor) (Brad Feld)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
1860 38th St.
Boulder, CO 80301
USA
Boulder, CO 80301
USA
Phone
Website
Email Address
Overview
We make robot construction kits for kids. Modular Robotics is a new company, a spin-off from Carnegie Mellon University. We are turning our research prototype construction toy into a commercial product for science centers, children's museums, and hobbyists, and we're planning to launch our first robotic kits in 2011.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Eric Schweikardt
VP - Finance
Sylvia Johnston
VP - Product Management
Matthew Capron
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