Tech Company Financing Transactions
ARX Funding Round
On 9/19/2023, ARX raised $1.2 million in Seed funding from Project A Ventures.
Transaction Overview
Company Name
Announced On
9/19/2023
Transaction Type
Venture Equity
Amount
$1,230,000
Round
Seed
Investors
Project A Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to grow the team, the technology, and scaling production capabilities.
Company Information
Company Status
Private & Independent
Industry
Defense
Mailing Address
Undisclosed
Munich, Undisclosed
DE
Munich, Undisclosed
DE
Phone
Undisclosed
Website
Email Address
Overview
ARX is committed to pioneering the robotics revolution by providing modular, autonomous, and cost-effective solutions for dual-use-applications. Our innovative robot platforms offer unique add-on functionalities that enable intuitive, fast, and effective problem-solving. In the armed forces, our systems serve as robust, cost-effective, and consumable solutions that can withstand the challenges of missions. For civilian emergency services, our products are designed to provide years of reliable service.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Marc Wietfeld
Chief Operating Officer
Stefan Röbel
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