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Full Speed Automation Raises $3.2 Million Seed Round From International Deep Tech and Software Investors to Simplify and Accelerate Factory Automation

Mar 04, 2021•over 4 years ago

Amount Raised

$3 Million

Round Type

seed

Los Gatos

Description

Full Speed Automation announced today that it raised $3.2 Million in Seed funding. The round was led by HCVC and included Catapult Ventures, Seedcamp, Serena Capital, Kima Ventures and Diaspora Ventures, as well as Industry Executives such as Bruno Bouygues, CEO of GYS.

Company Information

Company

Full Speed Automation

Location

Los Gatos, California, United States

About

Full Speed Automation enables production agility with intelligent automation software to bring back factories from overseas. The company was founded by Luc Leroy and Hugues Gontier. Luc joined Tesla to solve the Model 3 "automation hell". He developed the Core Automation Engineering team and set up the new controls and software architecture for Gigafactory Shanghai, battery cells and Model Y production lines. VITESSE (=V=), the company’s first product, is the world’s first no-code automation controls platform. It enables fast bring-up and rapid iterations. Full Speed Automation is headquartered in Los Gatos, California, in the heart of Silicon Valley. https://www.fullspeedautomation.com/ Link to picture for the press release: https://drive.google.com/file/d/1mkUQs-NBoM9J_pMBDTFvEIAOfVXhRXj0/view?usp=sharing

FundzWatch™ Score

Medium Activity