Veo Robotics
Latest round
- Series A
Last raised
- Aug 2020
Total raised
- $36M
Investors
- 7
About Veo Robotics
Founded in 2016 and headquartered in Waltham, US, Veo Robotics Inc. focuses on developing advanced robotic systems for automation.7 million, which will bolster Symbotic's customer productivity through integration with Veo's FreeMove systems.710 mn.Veo Robotics Inc. specializes in human-robot collaboration solutions designed to optimize warehouse automation processes. Their technology features a fleet of autonomous robots powered by intelligent software, which enhances operational efficiency by addressing challenges like labor shortages and inventory misalignment.Veo Robotics generates revenue through B2B transactions with large-scale retailers and wholesalers, typically structured around long-term contracts for its automation solutions. These contracts often include subscription services for ongoing software support and maintenance, as well as licensing agreements for proprietary technology usage.With the recent acquisition by Symbotic LLC, Veo Robotics Inc. plans to enhance its operational capabilities and expand its product offerings, particularly focusing on the integration of FreeMove systems to improve customer productivity. The strategic goal includes enhancing the design and deployment of new products tailored for various market needs, leveraging the resources and expertise from the acquisition. This initiative is expected to unfold rapidly following the acquisition in July 2024, promoting expansion into broader markets and enhancing the company's technological footprint.
Who invested in Veo Robotics
7 investors across 3 rounds
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Questions about Veo Robotics
Who invested in Veo Robotics?
Veo Robotics has 7 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Veo Robotics raised?
Veo Robotics has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Veo Robotics last raise money?
Veo Robotics's most recent round on record is a Series A, in Aug 2020.
What does Veo Robotics do?
Founded in 2016 and headquartered in Waltham, US, Veo Robotics Inc.
Where is Veo Robotics headquartered?
Veo Robotics is headquartered in Waltham, US.
Which VCs invest in companies like Veo Robotics?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back industrial machinery companies at Veo Robotics's stage. Their profiles are linked below.
VCs backing industrial machinery startups at Series A
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