Tech Company Financing Transactions
Rocsys Funding Round
Rocsys secured a $37 million Series A funding round on 7/11/2023. Investors included European Investment Bank, Forward.ONE and Graduate Entrepreneur.
Transaction Overview
Company Name
Announced On
7/11/2023
Transaction Type
Venture Equity
Amount
$37,035,000
Round
Series A
Proceeds Purpose
The company intends to use the funds, which included a roughly equal split of debt and equity financing, to expand the capabilities of its platform as it scales its presence in the United States and Europe. The capital will support research and development into additional features, which include intelligent parking guidance, expanded software integrations for vehicle navigation and fleet management systems, and additional remote diagnostics and teleoperations support. Rocsys also plans to build out its North American division, headquartered in Portland, Oregon, to further support application engineering and customer service in the region while expanding local supply chain and manufacturing activities.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Delftweg 65
Rijswijk, 2289 BA
NL
Rijswijk, 2289 BA
NL
Phone
Website
Email Address
Overview
Rocsys is the leader in autonomous charging solutions for electric transportation. With an innovative approach that combines soft robotics, AI-based computer vision, and data-driven services, Rocsys creates a reliable, seamless, efficient, and cost-effective charging experience for fleets and consumers. Rocsys sets the standard for the future of autonomous charging with leading roles in industry consortiums and strategic partnerships with multinational corporations and OEMs.
Management Team
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We report on all VC transactions involving tech companies. VC investment data records on this site are sourced from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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