Tech Company Financing Transactions

PickNik Robotics Funding Round

Cypress Growth Capital and Stellar Ventures participated in a $2 million capital raise for PickNik Robotics. The financing round was recorded on 10/13/2023.

Transaction Overview

Company Name
PickNik Robotics
Announced On
10/13/2023
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Undisclosed
Investors

Cypress Growth Capital (Lead Investor)

Stellar Ventures (Lead Investor)

Proceeds Purpose
The company intends to use the funds to further develop its robotics platform MoveIt Studio, which enables any developer or engineer to create advanced applications with robot arms. MoveIt Studio tackles a new robotics market segment: robots outside of the traditional manufacturing domain. MoveIt Studio is already being used by many companies for advanced applications like Autonomous Mobile Robots (AMR) that leverage mobile robot arms for in-situ bin picking, explosive ordnance disposal for SWAT teams, and next-gen space applications such as autonomous cargo unloading from space station re-supply capsules.

Company Information

Company Status
Private & Independent
Industry
Robotics
Mailing Address
4730 Walnut Street 106
Boulder, CO 80301
USA
Phone
(720) 513-2221
Website
www.picknik.ai
Email Address
[email protected]
Overview
We are the industry leaders in enabling companies to solve the hardest robotics problems. Companies of all sizes, both on Earth and in space, rely on PickNik for bringing the most advanced solutions to life for both structured and unstructured environments.
Profile
PickNik Robotics LinkedIn Company Profile
Social Media
PickNik Robotics Company Twitter Account
Company News
PickNik Robotics News
Facebook
PickNik Robotics on Facebook
YouTube
PickNik Robotics on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Dave Coleman
  Dave Coleman LinkedIn Profile  Dave Coleman Twitter Account  Dave Coleman News  Dave Coleman on Facebook
Chief Technical Officer
Nathan Brooks
  Nathan Brooks LinkedIn Profile  Nathan Brooks Twitter Account  Nathan Brooks News  Nathan Brooks on Facebook

 

 

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Prev: 10/13/2023: Main Street Health venture capital transaction
Next: 10/13/2023: Elyos Energy venture capital transaction

 

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