Tech Company Financing Transactions
Kinetic Automation Funding Round
Kinetic Automation, based in Santa Ana, raised $21 million from Menlo Ventures, Allstate Strategic Ventures and Construct Capital.
Transaction Overview
Company Name
Announced On
6/20/2024
Transaction Type
Venture Equity
Amount
$21,000,000
Round
Series B
Investors
Proceeds Purpose
The company will use the new funding to accelerate its business growth and continue to add top technology and engineering talent to its team.
Company Information
Company Status
Private & Independent
Industry
Infrastructure
Mailing Address
1735 E Wilshire Avenue 806
Santa Ana, CA 92705
USA
Santa Ana, CA 92705
USA
Phone
Website
Email Address
Overview
Kinetic is ushering in the next generation of mobility (EVs, AVs) with a network of highly automated service centers. Our precision systems, powered by machine learning and software, are going to become a one-stop center for rapid, accurate, and predictable maintenance and servicing for EVs and AVs.
Management Team
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