# Technical Machine

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/technical-machine

- Industry: Software
- Headquarters: Berkeley, US
- Website: www.tessel.io
- Total disclosed funding: $0M
- Latest round: Seed (May 10, 2013)
- Investors on record: 1

## About

Technical Machine specializes in creating innovative development platforms for Internet of Things (IoT) and robotics applications, enabling users to easily integrate various components into their projects.Founded in 2013 and headquartered in Berkeley, US, Technical Machine focuses on developing solutions for IoT and robotics. The company has not undergone major pivots but is engaged in the development of its Tessel 2 platform. The founder, whose previous ventures are not disclosed, led the company to raise USD 0.02 mn in Seed funding from Highland Capital Partners on May 10, 2013, marking a significant milestone in its early growth. The total amount raised by the company is USD 0.02 mn.Tessel 2 is the flagship product of Technical Machine, serving as a versatile development platform designed specifically for Internet of Things (IoT) and robotics applications. It includes a comprehensive ecosystem of plug-and-play modules for easy integration with sensors, actuators, cameras, and communication devices, all driven by Node.js. Targeted towards technology enthusiasts and educational institutions primarily in North America and Europe, Tessel 2 supports users in creating functional prototypes and projects efficiently, with access to extensive documentation and a collaborative community.Technical Machine generates revenue through the direct sale of Tessel 2 boards and their associated modules, which are available for individual or bulk purchase. The pricing of these products varies based on functionality, and the company also aims to establish partnerships with distributors and educational institutions to broaden its market reach. The focus on innovation and community engagement is integral to its strategy for enhancing revenue through ongoing product development and customer support.With the recent Seed funding of USD 0.018 mn secured in May 2013, Technical Machine plans to invest in the development of new products and enhancements to the Tessel platform. The company is actively exploring opportunities to expand into additional geographic regions, including Asia and South America, by the end of 2014. This expansion strategy aims to tap into emerging markets for IoT technologies and engage a wider audience of developers and creators.

## Funding rounds

- Seed, May 10, 2013, $0M — Highland Capital Partners

## Investors

- Highland Capital Partners (https://capitalatlas.ai/funds/highland-capital-partners) — Seed