Tech Company Financing Transactions
Burro Funding Round
Burro, operating out of Philadelphia, raised $24 million in investment from Catalyst Investors, Translink Capital and Cibus Fund.
Transaction Overview
Company Name
Announced On
1/9/2024
Transaction Type
Venture Equity
Amount
$24,000,000
Round
Series B
Investors
Catalyst Investors (Lead Investor) (Brian Rich)
Translink Capital (Lead Investor) (Kaz Kikuchi)
S2G Ventures (Sanjeev Krishnan)
Proceeds Purpose
The company intends to use the funds to expand its commercial, product and engineering teams, bring on more dealers, and launch new products in direct response to customer demand, beginning with its new product offering: Burro Grande.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
2025 Washington Ave.
Philadelphia, PA 19146
USA
Philadelphia, PA 19146
USA
Phone
Website
Email Address
Not Recorded
Overview
Our mission at Augean Robotics is to solve the labor problem facing farmers by making robots like Wall-E a reality. To do this, we are starting first with a collaborative robotic platform called Burro, that helps people work more productively today, while building the base for more expansive autonomy where it is needed most. We believe this is the path towards a future where farming is fully autonomous.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Charlie Andersen
Chief Operating Officer
Kevin Leiter
Chief Technical Officer
Terry Scott
Co-Founder
Vibhor Sood
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