Tech Company Financing Transactions
Robust.AI Funding Round
Robust.AI, based in Palo Alto, received $20 million from Energy Impact Partners, Future Ventures and JAZZ Venture Partners.
Transaction Overview
Company Name
Announced On
4/20/2023
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series A
Investors
Proceeds Purpose
The company will offer clients the two products bundled, with a RaaS payment model (though larger corporations can opt to pay upfront if desired). Brooks says Robust began building the former after discovering that there weren't systems on the market with the on-board hardware the startup is trying to push.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
380 Portage Ave.
Palo Alto, CA 94306
USA
Palo Alto, CA 94306
USA
Phone
Undisclosed
Website
Email Address
Overview
Robust.AI is a fast growing early stage startup founded by an unsurpassed team of veterans in robotics, business and AI. Current robots are extremely limited, typically relegated to highly controlled environments, unable to function in dynamic, open-ended environments, and poorly equipped to deal with the unexpected.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Gary Marcus
Chief Operating Officer
Anthony Jules
Chief Scientific Officer
Mohamed Amer
Chief Technical Officer
Rodney Brooks
Founder
Henrik Christensen
VP - Engineering
Matthew Powers
VP - Engineering
Alex Trevor
VP - Operations
Kathleen Toben
VP - Product Management
Sandy Agnos
Browse more venture capital transactions:
Prev: 4/20/2023: Chargel venture capital transaction
Next: 4/20/2023: Spayr venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on tech company VC transactions. VC investment data records on this site come from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs