Tech Company Financing Transactions
Savioke Funding Round
Savioke, based in Santa Clara, received $15 million from Intel Capital, EDB Investments and Northern Light Venture Capital.
Transaction Overview
Company Name
Announced On
1/13/2016
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series A
Investors
Intel Capital (Lead Investor) (Wendell Brooks)
EDB Investments (Swee-Yeok Chu)
Northern Light Venture Capital (Lei Yang)
Proceeds Purpose
Savioke will use the funding to expand sales, marketing and product developments for its award-winning Relay robot.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
2900 Gordon Ave. 201
Santa Clara, CA 95051
USA
Santa Clara, CA 95051
USA
Phone
Undisclosed
Website
Email Address
Overview
Savioke is creating autonomous robot helpers for the services industry. We are passionate about delivering easy-to-use yet sophisticated robots that can help people. We aim to improve the lives of people by developing and deploying robotic technology in human environments - the places people live and work.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Steve Cousins
Chief Technical Officer
Tessa Lau
Controller
Ruth Mohanram
VP - Engineering
Chad Rockey
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