Refraction AI

Industrial MachinerySeedAnn Arbor, USrefraction.ai

Latest round

Seed

Last raised

Mar 2022

Total raised

$4.2M

Investors

6

About Refraction AI

Based in Michigan, US, and founded in 2017 by Matthew Johnson-Roberson and Ram Vasudevan, Refraction AI, Inc. operates as the developer of a semi-autonomous robotic platform for safe delivery of goods in urban areas. As of April 2023, Luke Schneider serves as the CEO of the company. In March 2021, Refraction AI, Inc. The company develops the REV-1, an autonomous delivery robot that is lightweight and low-powered. The firm's autonomous robots pick up things from restaurants, pharmacies, and grocery shops and deliver them directly to consumers' doorsteps. Refraction's robots are built to operate in all-weather situations, with an advanced autonomy stack optimised for winters and summers and can operate in both car and bike lanes.

Who invested in Refraction AI

6 investors across 2 rounds

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Funding rounds

  1. Seed

    Mar 2, 2022

    Amount

    Undisclosed

    Investors

    Locked

  2. Seed

    Mar 8, 2021

    Amount

    $4.2M

    Investors

    Locked

Questions about Refraction AI

Who invested in Refraction AI?

Refraction AI has 6 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Refraction AI raised?

Refraction AI has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Refraction AI last raise money?

Refraction AI's most recent round on record is a Seed, in Mar 2022.

What does Refraction AI do?

Based in Michigan, US, and founded in 2017 by Matthew Johnson-Roberson and Ram Vasudevan, Refraction AI, Inc.

Where is Refraction AI headquartered?

Refraction AI is headquartered in Ann Arbor, US.

Which VCs invest in companies like Refraction AI?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back industrial machinery companies at Refraction AI's stage. Their profiles are linked below.

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