Robust.Ai Raises $20M, As It Scales Robot Deliveries For Pilot Customers
Apr 20, 2023•over 2 years ago
Amount Raised
$20 Million
Investors
Playground GlobalJazz VenturesEnergy Impact PartnersFuture VenturesPrime Movers Lab
Description
When the company started, Robust.AI’s founders had no intention of making hardware. “Hardware’s hard,” cofounder and CTO Rodney Brooks tells TechCrunch, “and doing hardware at scale is harder. It takes a lot of resources and it takes a long time to get there. Which is why people love pure software plays: the marginal cost of another copy is free.”
FundzWatch™ Score
67
Medium Activity
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech