Tech Company Financing Transactions

Vecna Robotics Funding Round

Blackhorn Ventures, Drive Capital and Fontinalis Partners participated in a $50 million Series B capital raise for Vecna Robotics. This VC investment round was announced by the company on 1/9/2020.

Transaction Overview

Company Name
Announced On
1/9/2020
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series B
Investors

Blackhorn Ventures (Lead Investor) (Trevor Zimmerman)

Drive Capital (Nick Solaro)

Fontinalis Partners (Chris Cheever)

Highland Capital Partners (Robert Davis)

Tectonic Ventures

Proceeds Purpose
This new capital will help Vecna Robotics continue to rapidly scale its products and services to the material handling market which faces both a growing labor shortage and increased competitive pressures.

Company Information

Company Status
Private & Independent
Industry
Robotics
Mailing Address
425 Waverley Oaks Rd.
Waltham, MA 02452
USA
Email Address
Overview
Vecna, a recognized leader in robotics, was founded in 1998 by a consortium of MIT engineers on the idea that people matter, and that businesses can be profitable, ethical, and socially responsible.
Profile
Vecna Robotics LinkedIn Company Profile
Social Media
Vecna Robotics Company Twitter Account
Company News
Vecna Robotics News
Facebook
Vecna Robotics on Facebook
YouTube
Vecna Robotics on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Daniel Theobald
  Daniel Theobald LinkedIn Profile  Daniel Theobald Twitter Account  Daniel Theobald News  Daniel Theobald on Facebook
VP - Bus. Development
David Clear
  David Clear LinkedIn Profile  David Clear Twitter Account  David Clear News  David Clear on Facebook
VP - Sales
John Hayes
  John Hayes LinkedIn Profile  John Hayes Twitter Account  John Hayes News  John Hayes on Facebook


 

 

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