Tech Company Financing Transactions

Rios Funding Round

Main Sequence Ventures, Grit Ventures and Hypertherm Ventures participated in a $28 million Series A funding round for Rios. The round closed on 3/13/2022.

Transaction Overview

Company Name
Announced On
3/13/2022
Transaction Type
Debt
Venture Equity
Amount
$28,000,000
Round
Series A
Proceeds Purpose
The company intends to use the funds to deploy its robotic fleet at scale to both new and existing customers.

Company Information

Company Status
Private & Independent
Industry
Robotics
Mailing Address
172 University Ave.
Palo Alto, CA 94301
USA
Email Address
Not Recorded
Overview
RIOS was founded at the end of 2018, in Palo Alto, by former Xerox PARC engineers holding PhDs in engineering and physics. We're technologists at heart, and we're always thinking about the next hard problem to solve. Back in 2018, we aspired to become one of the architects of the next wave of technological revolution.
Profile
Rios LinkedIn Company Profile
Social Media
Rios Company Twitter Account
Company News
Rios News
Facebook
Rios on Facebook
YouTube
Rios on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Bernard Casse
  Bernard Casse LinkedIn Profile  Bernard Casse Twitter Account  Bernard Casse News  Bernard Casse on Facebook
Chief Technical Officer
Clinton Smith
  Clinton Smith LinkedIn Profile  Clinton Smith Twitter Account  Clinton Smith News  Clinton Smith on Facebook
Co-Founder
Matthew Shaffer
  Matthew Shaffer LinkedIn Profile  Matthew Shaffer Twitter Account  Matthew Shaffer News  Matthew Shaffer on Facebook
VP - Bus. Development
Mandy Dwight
  Mandy Dwight LinkedIn Profile  Mandy Dwight Twitter Account  Mandy Dwight News  Mandy Dwight on Facebook
VP - Engineering
Christopher Laulau-Keraly
  Christopher Laulau-Keraly LinkedIn Profile  Christopher Laulau-Keraly Twitter Account  Christopher Laulau-Keraly News  Christopher Laulau-Keraly on Facebook
VP - Engineering
Chris Paulson
  Chris Paulson LinkedIn Profile  Chris Paulson Twitter Account  Chris Paulson News  Chris Paulson on Facebook


 

 

Browse more venture capital transactions:

Prev: 3/13/2022: Academia venture capital transaction
Next: 3/14/2022: Pareto venture capital transaction

 

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Where The Data Comes From

We document every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The information is sourced from VentureDeal.com, an affiliated venture.

 


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