Tech Company M&A Transactions
Auro Robotics Acquisition
Headquartered in Sunnyvale, Auro Robotics was acquired by RideCell. What RideCell paid for Auro Robotics was not announced.
Transaction Overview
Company Name
Acquired By
Announced On
3/15/2017
Transaction Type
M&A
Amount
Unknown
M&A Terms
By combining the ridership growth made possible by the RideCell platform with the cost savings of Auro's driverless shuttles, the partnership improves the efficiency of operating campus mobility services. No financial terms of the deal were disclosed.
Company Information
Company Status
Acquired or Merged
Industry
Robotics
Mailing Address
952 Poplar Ave.
Sunnyvale, CA 94086
USA
Sunnyvale, CA 94086
USA
Phone
Website
Email Address
Overview
We are building driverless shuttles for in-campus travel. It is based on our 4 years of research on autonomous vehicle technology at IIT Kharagpur (India) and CMU Robotics Institute.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Nalin Gupta
Chief Technical Officer
Jit Chowdhury
Browse more venture capital transactions:
Prev: 3/15/2017: Baker venture capital transaction
Next: 3/15/2017: Cardiva Medical venture capital transaction
Share this article
About Our VC Transactions Data
We do our best to record all VC transactions involving tech companies. VC transactions reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs