Tech Company Financing Transactions
Olis Robotics Funding Round
Olis Robotics closed a $4 million funding round on 8/12/2023. Investors included PSL Ventures, private investors and Tectonic Ventures.
Transaction Overview
Company Name
Announced On
8/12/2023
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Undisclosed
Investors
PSL Ventures (Lead Investor) (T.A. McCann)
private investors (Daniel Theobald)
Proceeds Purpose
The company intends to use the funds to add support for additional robot brands, to expand partnerships with robot system integrators in North America and to develop new software products.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
3601 Fremont Avenue North 414
Seattle, WA 98103-8753
USA
Seattle, WA 98103-8753
USA
Phone
Website
Email Address
Overview
The innovative industrial telerobotic solutions of Olis Robotics are the result of innovative R&D with the US Navy and NASA. We have taken our technology developed for challenging remote robot operation environments and optimized it for industrial automation applications. The company was founded as a spinoff from the University of Washington and has offices and lab space located in Seattle's Fremont neighborhood.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Fredrik Rydén
Co-Founder
Howard Chizeck
Co-Founder
Andy Stewart
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Prev: 8/12/2023: Beloit Kombucha venture capital transaction
Next: 8/14/2023: Novarc Technologies venture capital transaction
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We report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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