RISE Robotics Raises $3 Million in Additional Funding to Drive Forward the Electrification and Sustainability of Heavy Machinery
Amount Raised
$3 Million
Round Type
Seed
SomervilleManufacturingDescription
RISE Robotics, a leader in high-performance and cost effective electric linear actuation solutions, today announced it has raised $3 million in additional funding. The funding round was led by The Engine, the venture firm spun out of MIT that invests in early-stage Tough Tech companies that are solving the world’s most urgent problems, such as climate change, through the convergence of breakthrough science, engineering, and leadership.
Quick answer
RISE Robotics raised $3 Million in a Seed round, dated April 10, 2020. RISE Robotics is based in Somerville, Massachusetts, United States.
- How much did RISE Robotics raise?
- RISE Robotics raised $3 Million in a Seed round on April 10, 2020.
- What does RISE Robotics do?
- Liftwave Inc. is doing business as RISE™Robotics.
- Where is RISE Robotics based and how big is it?
- RISE Robotics is based in Somerville, Massachusetts, United States. Fundz records about 28 employees.
- Who are the decision-makers at RISE Robotics?
- Fundz holds 2 contacts at RISE Robotics, including the Embedded Software Engineer. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Manufacturing around the same time
Companies in the same sectors as RISE Robotics that raised within 45 days of this round, from Fundz verified event records.
- Black Buffalo raised $14K on May 22, 2020.
- Amplify, Inc. raised $1.8M (Seed) on May 22, 2020.
- Novabay raised $1K on May 22, 2020.
- Black Buffalo raised $25K on May 22, 2020.
- Cerenome, Inc. raised $300K (Seed) on May 22, 2020.
- Pleural Dynamics raised $7.7M on May 22, 2020.
Who to call at RISE Robotics, and when
A new round usually means RISE Robotics is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day RISE Robotics raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at RISE Robotics, from your own LinkedIn network
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Fundz sees it the moment RISE Robotics raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
RISE Robotics raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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