Tech Company Financing Transactions
Gecko Robotics Funding Round
Gecko Robotics, based in Pittsburgh, scored $100 million from Founders Fund and US Innovative Technology Fund.
Transaction Overview
Company Name
Announced On
12/5/2023
Transaction Type
Venture Equity
Amount
$100,000,000
Round
Series C
Investors
Founders Fund (Lead Investor) (Trae Stephens)
US Innovative Technology Fund (Lead Investor)
Proceeds Purpose
Gecko will help the U.S. Navy increase the speed of the manufacturing process for the $132 Billion Columbia-class Sub program.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
6101 Penn Ave.
Pittsburgh, PA 15206
USA
Pittsburgh, PA 15206
USA
Phone
Website
Email Address
Overview
Gecko Robotics develops and operates robots to automate infrastructure inspections. Today, Gecko is focusing on power plant inspections for biomass, natural gas, and clean coal. Every year billions are spent on these time-consuming inspections, driving up the cost of electric power across America.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jake Loosararian
Chief Operating Officer
Troy Demmer
Browse more venture capital transactions:
Prev: 12/4/2023: Syrup Tech venture capital transaction
Next: 12/5/2023: Fantuan venture capital transaction
Share this article
Where The Data Comes From
Our team works diligently to report on every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs