COMPANY INFO
Raise Robotics is a construction technology company founded in October 2021 by Gary Chen and Conley Oster. Headquartered in San Francisco, CA, the company develops innovative semi-autonomous robotic tools that assist on-site construction teams, aiming to improve safety and efficiency by moving workers out of harm's way. It operates in the construction and robotics industry with approximately 17 employees and its website is raiserobotics.ai.
Raise Robotics is a construction technology company founded in 2021 by Gary Chen and Conley Oster. Headquartered in San Francisco, California, Raise Robotics operates within the construction and robotics industry. The company develops innovative semi-autonomous robotic tools designed to assist on-site construction teams, aiming to enhance safety and efficiency by reducing workers’ exposure to hazardous environments. With approximately 8 employees, Raise Robotics continues to push the boundaries of automation within the construction sector.
Raise Robotics funding history highlights a strong early-stage capitalization strategy, with the company raising a total of $6.31 million across two official funding rounds. These Seed-stage investments were aimed at supporting product development, market expansion, and scaling operations. The company’s funding rounds have attracted reputable investors from the venture capital space for robotics and construction technology, underpinning their mission to revolutionize construction automation. Raise Robotics investors, such as Cybernetix, Union Labs, and Zacua Ventures, have played essential roles in fueling the company’s innovation.
This most recent Seed funding round is intended to support the scaling of operations and drive further product innovation. Raise Robotics plans to use this capital to refine its semi-autonomous robotic platforms and expand its market presence in the construction automation space.
Raise Robotics secured this Seed round to expand product capabilities and reach a broader market. The investment was directed towards enhancing existing technologies, strategic hiring, and establishing additional partnerships within the industry.
The initial Seed funding was focused on launching the company and supporting early-stage product development. This capital injection allowed Raise Robotics to build its core team and bring its innovative construction robotics solutions to pilot deployments.
Union Labs is a venture capital firm known for investing in frontier technology startups. As a key Raise Robotics investor, Union Labs provided critical early-stage funding and strategic guidance to help the company realize its vision for construction automation.
Cybernetix Ventures specializes in robotics and intelligent systems. As one of the leading Raise Robotics investors, the firm has played a pivotal role in the company’s fundraising strategy, supporting both technological advancement and go-to-market initiatives.
Zacua Ventures focuses on investing in sustainable and impactful built environment technologies. Their involvement in Raise Robotics funding rounds reflects the company’s commitment to innovation and industry disruption, providing both financial backing and industry connections.
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