Tech Company Financing Transactions

Matic Funding Round

Private investors participated in a $29.6 million venture round for Matic. The funding round was announced on 11/3/2023.

Transaction Overview

Company Name
Announced On
11/3/2023
Transaction Type
Venture Equity
Amount
$29,600,000
Round
Undisclosed
Investors

private investors (Lead Investor) (Daniel Gross)

private investors (Lead Investor) (Matt Rogers)

private investors (Lead Investor) (Nat Freidman)

private investors (Lead Investor) (Patrick Collison)

private investors (Adam Angelo)

private investors (Adam Nash)

private investors (Avichal Garg)

private investors (Ayo Omojola)

private investors (Brian Pokorny)

private investors (Jack Dorsey)

private investors (Joe Lonsdale)

private investors (Naval Ravikant)

private investors (Nickhil Jakatdar)

Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts to support the general availability of its product in early 2024.

Company Information

Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
1625 North Market Boulevard N 112
Sacramento, CA 95834
USA
Phone
Undisclosed
Email Address
Overview
Developer of home robots designed to offer autonomous vision-based machines that save people time and energy. The company's smart and proactive robots use 3D mapping that combines novel algorithms with existing sensors to create autonomous machines, enabling customers to have access to reimagined home devices.
Profile
Matic LinkedIn Company Profile
Social Media
Matic Company Twitter Account
Company News
Matic News
Facebook
Matic on Facebook
YouTube
Matic on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Navneet Dalal
  Navneet Dalal LinkedIn Profile  Navneet Dalal Twitter Account  Navneet Dalal News  Navneet Dalal on Facebook
Co-Founder
Mehul Nariyawala
  Mehul Nariyawala LinkedIn Profile  Mehul Nariyawala Twitter Account  Mehul Nariyawala News  Mehul Nariyawala on Facebook


 

 

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About Database of VC Transactions

We do our best to document funding rounds that are announced publicly. VC investment data records 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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