Tech Company Financing Transactions
AMP Robotics Funding Round
AMP Robotics secured a $55 million Series B investment round on 1/5/2021. Investors included XN, Closed Loop Fund and Congruent Ventures.
Transaction Overview
Company Name
Announced On
1/5/2021
Transaction Type
Venture Equity
Amount
$55,000,000
Round
Series B
Investors
XN (Lead Investor)
Sequoia Capital (Shaun Maguire)
Proceeds Purpose
The company intends to use the funds to scale its business operations and expand its business reach as it works with consumer packaged goods (CPG) companies, like Keurig Dr Pepper (NASDAQ: KDP).
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
1500 Cherry St. A
Louisville, CO 80027
USA
Louisville, CO 80027
USA
Phone
Website
Email Address
Not Recorded
Overview
AMP Robotics is transforming the economics of recycling using guided robotics. The company's high-speed robotics system, AMP Cortex, precisely automates the identification, sorting and processing of material streams to extract maximum value for businesses that recycle municipal solid waste, e-waste, and construction and demolition materials.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Matanya Horowitz
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Where The Data Comes From
We do our best to report on tech company VC transactions. VC investment data records on this site are derived from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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