Tech Company Financing Transactions

Kinetic Automation Funding Round

Kinetic Automation secured a $10 million Series A venture capital round on 10/5/2023. Investors included Construct Capital, Lux Capital and Automotive Ventures.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series A

Construct Capital (Lead Investor)

Lux Capital (Lead Investor)

Automotive Ventures (Steve Greenfield)

Haystack VC (Semil Shah)

private investors (Gokul Rajaram)

private investors (Qasar Younis)

private investors (Rick Wagoner)

Shakti Ventures (Keval Desai)

Proceeds Purpose
Kinetic will use the investment to meet accelerating demand for EV and AV digital maintenance and servicing, expand its engineering team with additional AI and robotics talent and grow its network of Kinetic Hubs. Kinetic launched the company's first service hub in Orange County, California in May of this year and will open its second hub in Las Vegas this month.

Company Information

Company Status
Private & Independent
Mailing Address
1735 E Wilshire Avenue 806
Santa Ana, CA 92705
Email Address
Kinetic is ushering in the next generation of mobility (EVs, AVs) with a network of highly automated service centers. Our precision systems, powered by machine learning and software, are going to become a one-stop center for rapid, accurate, and predictable maintenance and servicing for EVs and AVs.
Kinetic Automation LinkedIn Company Profile
Social Media
Kinetic Automation Company Twitter Account
Company News
Kinetic Automation News
Kinetic Automation on Facebook
Kinetic Automation on YouTube

Management Team

Email & Social
Chief Executive Officer
Nikhil Naikal
  Nikhil Naikal LinkedIn Profile  Nikhil Naikal Twitter Account  Nikhil Naikal News  Nikhil Naikal on Facebook



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Prev: 10/5/2023: Phaver venture capital transaction
Next: 10/5/2023: Cobre venture capital transaction


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Our team works diligently to report on tech company VC transactions. VC transactions reported here are derived from company press releases and news coverage. The information comes to us via our partnership with, an affiliated venture.


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