Tech Company Financing Transactions
Robovision Funding Round
Astanor Ventures, Target Global and Red River West participated in a $42 million funding round for Robovision. The round was recorded on 2/28/2024.
Transaction Overview
Company Name
Announced On
2/28/2024
Transaction Type
Venture Equity
Amount
$42,000,000
Round
Undisclosed
Investors
Astanor Ventures (Lead Investor) (Hendrik Van Asbroeck)
Target Global (Lead Investor) (Bao-Y Van Cong)
Proceeds Purpose
The funding round will help accelerate Robovision's U.S. expansion, fostering a robust local presence to address the increasing demand for automated solutions in American factories. The funds will also be used to invest in R&D and growth in existing markets, with future office openings planned across Germany, France, the UK, the Middle East, and Asia.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Foreestelaan 88
Ghent, 9000
Belgium
Ghent, 9000
Belgium
Phone
Undisclosed
Website
Email Address
Overview
We open up the human-machine revolution to the leaders of tomorrow. We believe that the leaders of tomorrow are companies racing to scale their AI investments today. Robovision is a collaboration-first company that builds dynamic software designed to improve accessibility to AI. As a team, we believe that the future of AI is where humans and AI are joining forces.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Jonathan Berte
Chief Executive Officer
Thomas Van den Driessche
Chief Technical Officer
Tim Waegeman
Browse more venture capital transactions:
Prev: 2/28/2024: NayaOne venture capital transaction
Next: 2/28/2024: PulseSight Therapeutics venture capital transaction
Share this article
About Our VC Transactions Data
We report on every notable VC transaction. VC transactions reported here are sourced from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs