Tech Company Financing Transactions
RE2 Funding Round
On 8/19/2014, RE2 raised $2.3 million in funding from Draper Triangle Ventures and Riverfront Ventures.
Transaction Overview
Company Name
Announced On
8/19/2014
Transaction Type
Venture Equity
Amount
$2,250,000
Round
Undisclosed
Investors
Draper Triangle Ventures (Lead Investor) (Thomas Jones)
Proceeds Purpose
RE2 plans to use the capital to accelerate development of its robotic manipulator arm technologies and to penetrate new markets including agriculture and health care.
Company Information
Company Status
Acquired or Merged
Industry
Robotics
Mailing Address
4925 Harrison St.
Pittsburgh, PA 15201
USA
Pittsburgh, PA 15201
USA
Phone
Website
Email Address
Overview
Robotics Engineering Excellence (RE2, Inc.), located in Pittsburgh, PA, is a Carnegie Mellon spin-off specializing in defense robotics with an emphasis on intelligent modular manipulation for mobile robotic platforms.
Management Team
Title
Name
Email & Social
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We do our best to document every notable VC transaction. VC investment data records on this site come from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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