Tech Company Financing Transactions
Fort Robotics Funding Round
On 3/22/2021, Fort Robotics announced $13 million in financing from Prime Movers Lab, Ahoy Capital and Compound Ventures.
Transaction Overview
Company Name
Announced On
3/22/2021
Transaction Type
Venture Equity
Amount
$13,000,000
Round
Undisclosed
Investors
Prime Movers Lab (Lead Investor)
private investors (Mark Cuban)
Proceeds Purpose
The company intends to use the funds to more than double the size of its workforce and expand its product offerings in key markets.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
170 S Independence Mall W 275W
Philadelphia, PA 19106
USA
Philadelphia, PA 19106
USA
Phone
Website
Email Address
Overview
FORT Robotics is building a first-of-its-kind safety and security platform for smart machines. Robotic systems are making an impact in every industry, creating huge opportunities for productivity. But these advancements also come with risks, especially in places where people and autonomous machines work closely together.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Samuel Reeves
Chief Technical Officer
Nathan Bivans
VP - Product Management
Gerry Caron
VP - Sales
Douglas Riffle
Browse more venture capital transactions:
Prev: 3/22/2021: Bottomless venture capital transaction
Next: 3/22/2021: OpenSea venture capital transaction
Share this article
About Our Venture Capital Transactions Database
We do our best to report on funding rounds that are announced publicly. VC investment data records on this site are sourced from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs