Tech Company Financing Transactions

SafeAI Funding Round

SafeAI, based in Milpitas, secured $21 million from BuildersVC, Autotech Ventures and Brick & Mortar Ventures.

Transaction Overview

Company Name
Announced On
6/25/2021
Transaction Type
Venture Equity
Amount
$21,000,000
Round
Series A
Proceeds Purpose
The new capital will be used to advance the company's interoperable autonomous technology through accelerated research and development, and fuel global expansion to meet rising demand for autonomous heavy equipment.

Company Information

Company Status
Private & Independent
Industry
Transportation
Mailing Address
1900 McCarthy Blvd.
Milpitas, CA 95035
USA
Phone
Undisclosed
Email Address
Overview
SafeAI is creating the future of autonomous heavy equipment. We are taking the traditional mining and construction site models and revolutionizing them, making them intelligent and autonomous. With SafeAI technology, all parts of a worksite will be interconnected and optimized, accelerating the time to completion.
Profile
SafeAI LinkedIn Company Profile
Social Media
SafeAI Company Twitter Account
Company News
SafeAI News
Facebook
SafeAI on Facebook
YouTube
SafeAI on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Bibhrajit Halder
  Bibhrajit Halder LinkedIn Profile  Bibhrajit Halder Twitter Account  Bibhrajit Halder News  Bibhrajit Halder on Facebook


 

 

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Prev: 6/25/2021: Rasgo Intelligence venture capital transaction
Next: 6/25/2021: Sealed venture capital transaction

 

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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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