Tech Company Financing Transactions
Toggle Funding Round
Empire State Development, Global Brain and New York Ventures participated in a $3 million funding round for Toggle. The round was announced on 2/3/2023.
Transaction Overview
Company Name
Announced On
2/3/2023
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Toggle makes robots that bend rebar, the steel skeletal reinforcement you find in all manner of heavy construction. The company's headcount is currently at 40, which the company plans to double over the course of the next year, following an upcoming Series B raise. Those roles will primarily be focused on engineering and operations.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
Undisclosed
Chicago, IL 60563
USA
Chicago, IL 60563
USA
Phone
Undisclosed
Email Address
Not Recorded
Overview
Toggle: A Wi-Fi-enabled dongle that plugs into a television's HDMI port and allows users to easily stream content from cloud accounts.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Adam Johnson
Chief Technical Officer
John Cho
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We document every notable VC transaction. All VC database entries reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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