Tech Company Financing Transactions
Hellbender Funding Round
Hellbender secured a $12.5 million Seed financing round on 5/19/2026. Investors included Magarac Venture Partners, Gaingels and Mana Ventures.
Transaction Overview
Company Name
Announced On
5/19/2026
Transaction Type
Venture Equity
Amount
$12,500,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to expedite the rollout of its edge AI platforms, designed to bring real-time perception, reasoning, and decision-making directly into physical environments.
Company Information
Company Status
Private & Independent
Industry
Infrastructure
Mailing Address
620 William Pitt Way
Pittsburgh, PA 15238
USA
Pittsburgh, PA 15238
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Hellbender is a Pittsburgh based benefit corporation enabling the physical AI that solves customer problems. We specialize in the hardware, software, and manufacturing capabilities required to deliver the world's best on edge perception systems, with an emphasis on computer vision.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Brian Beyer
Chief Operating Officer
Roger Nasci
Chief Technical Officer
Mike Ramsay
Co-Founder
Adela Wee
VP - Bus. Development
Brett Phillips
VP - Product Management
Ben Cohen
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