Tech Company Financing Transactions
Simbe Robotics Funding Round
Simbe Robotics closed a $26 million Series A funding round on 9/13/2019. Investors included Venrock, Activant Capital Group and Future Shape.
Transaction Overview
Company Name
Announced On
9/13/2019
Transaction Type
Venture Equity
Amount
$26,000,000
Round
Series A
Investors
Proceeds Purpose
The equity capital will go toward business operations including growing the team of world-class talent; scaling sales, marketing and customer success functions; and continued investment in R&D.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
457 Mariposa St.
San Francisco, CA 94107
USA
San Francisco, CA 94107
USA
Phone
Undisclosed
Website
Email Address
Overview
Simbe Robotics builds automation solutions for the retail industry. Simbe's first product, Tally, is the world's first fully autonomous shelf auditing and analytics solution; one that provides retailers unprecedented visibility and insight into the state of merchandise in their stores.
Management Team
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