Tech Company Financing Transactions
Posh Robotics Funding Round
Helium-3 Ventures, Global Founders Capital and Metaplanet participated in a $3.8 million Seed venture round for Posh Robotics. The round was announced on 6/22/2022.
Transaction Overview
Company Name
Announced On
6/22/2022
Transaction Type
Venture Equity
Amount
$3,800,000
Round
Seed
Investors
Helium-3 Ventures (Lead Investor) (Matt Bellamy)
Proceeds Purpose
We want to bring affordable lithium-ion batteries to the masses and help create a circular economy for our electric future.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
2955 Campus Dr
San Mateo, CA 94403
USA
San Mateo, CA 94403
USA
Phone
Undisclosed
Website
Email Address
Overview
Posh automates EV battery recycling. Most EV battery packs are retired with 80% of the capacity unused. Disassembling these packs is today done manually, which is hazardous due to the high voltage and fire risks. We use robotics and computer vision to take the uncertainties out of the equation, bring affordable lithium-ion batteries to the mass, and create a circular economy for our electric future.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Wesley Zheng
Chief Technical Officer
Minh Hoang
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We do our best to report on tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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