Tech Company Financing Transactions
Persimmon Technologies Funding Round
Persimmon Technologies closed a $2 million Series B funding round on 1/15/2013. Investors included Intel Capital and The Bernard M. Gordon Charitable Remainder Trust.
Transaction Overview
Company Name
Announced On
1/15/2013
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Series B
Investors
Intel Capital (Laura Oliphant)
Proceeds Purpose
The new funding will help Persimmon expand its vacuum robotics product portfolio, invest further in the development of its Hybrid-Field Motor Technology, expand global distribution, and ramp manufacturing operations.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
200 Harvard Mill Sq. 110
Wakefield, MA 01880
USA
Wakefield, MA 01880
USA
Phone
Website
Email Address
Overview
Persimmon's vision is to build the largest vacuum robotics company serving the Semiconductor, LED and Solar markets by 2020 in addition to growing Nidec Sankyo's atmospheric robot business to the top market position by 2020.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael Pippins
Chief Technical Officer
Martin Hosek
VP - Sales
Mark Hanna
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