Avidbots Closes $70M Series C to Scale Autonomous Industrial Cleaning Robots
Avidbots, now with 1,000+ robots deployed worldwide, has Closed a $70M Series C.
Industrial robotics manufacturer Avidbots has raised $70 million in a Series C round of funding led by Jeneration Capital, with participation from GGV Capital, True Ventures, Kensington Capital Partners, Next 47, SOSV's HAX, BDC Capital, Golden Ventures, BMO Capital Partners, Golden Vision Capital and Nicola Wealth.
SOSV's HAX was the first investor into Avidbots at the pre-seed stage in 2014. Avidbots has now launched more than 1,000 robots deployed across North America, Asia, Europe, the Middle East and Australia.
Learn more about the funding round here.
SOSV's HAX is the most active early stage investor in hard tech startups, empowering founders building with robotics, internet of things, digital health, consumer products and industrial technologies. The HAX Program combines hands-on co-development with our experienced product development team, multi-stage venture capital investment, and collaboration with our global founder community building hard tech startups. Since 2012, HAX has invested in over 250 startups meshing hardware and software across its locations in San Francisco, Shenzhen and Tokyo.