Tech Company Financing Transactions
Presso Funding Round
Presso closed a $8 million Seed investment round on 1/19/2023. Backers included 1517 Fund, AME Cloud Ventures and Cherubic Ventures.
Transaction Overview
Company Name
Announced On
1/19/2023
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Seed
Investors
Proceeds Purpose
The new funding will be used, in part, to grow the team, bringing its number up to around 20-25 people within the next year. It will also go toward scaling its product and meeting its 80+ bookings.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
3423 Piedmont Road North
East Atlanta, GA 30305
USA
East Atlanta, GA 30305
USA
Phone
Website
Email Address
Overview
Presso is an Atlanta-based, AI-Robotics company harnessing the power of technology to create the first line of on-demand, energy-efficient, express garment care machines. - HAX Accelerator, SOSV Cohort 2019 - Y Combinator 2018 Startup School Grant Winners - Backed by some of the most active applied robotics investors in Silicon Valley
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Nishant Jain
Chief Technical Officer
Thibault Corens
President
Landon Young
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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