Tech Company Financing Transactions
Lucid Bots Funding Round
Lucid Bots closed a $9.1 million Series A venture capital round on 5/8/2024. Investors included Cubit Capital, IDEA Fund Partners and Y Combinator.
Transaction Overview
Company Name
Announced On
5/8/2024
Transaction Type
Venture Equity
Amount
$9,100,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to advance its portfolio of autonomous robotic solutions, including its flagship Sherpa cleaning drone and Lavo Bot pressure washing robot products, while scaling its operations and team to serve its customer base and expand its platform into new markets.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
6601-A, Northpark Blvd
Charlotte, NC 28216
USA
Charlotte, NC 28216
USA
Phone
Website
Email Address
Overview
Lucid's journey started with the aspiration of establishing a thriving exterior cleaning business, recognizing the challenging, hazardous, and outdated nature of the industry. In 2018, Lucid emerged with the aim to adapt off-the-shelf drones for exterior soft-washing.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Andrew Ashur
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