T-Robotics Secures $5.4 Million in Seed Funding for Expansion
Deal News | Dec 19, 2024 | Goodwin
T-Robotics FPC, Inc., headquartered in San Francisco, has successfully raised $5.4 million in a Seed funding round aimed at expanding its operations in the U.S. and E.U. The round of funding was co-led by The Engine Fund III and Emergent Ventures III, with additional participation from BSF II, LP (Berkeley Skydeck) and Raisewell Ventures Fund. T-Robotics, which was founded with the mission to simplify industrial automation and enhance productivity across sectors, is pioneering innovations in robotics by integrating advanced AI with pre-trained skill models, allowing robots to perform complex tasks intuitively. The funding round was advised by the law firm Goodwin, involving a team led by Andrew Sparks and other specialized professionals handling corporate, intellectual property and CFIUS matters.
Sectors
- Robotics
- Venture Capital
- Technology
Geography
- United States – Headquarters of T-Robotics and location for part of its operations expansion. Several participants, including Goodwin, are based in the U.S.
- European Union – One of the regions where T-Robotics plans to expand its operations using the seed funding.
Industry
- Robotics – The industry focuses on the design, construction, operation, and application of robots. T-Robotics aims to revolutionize this industry by integrating AI for intuitive programming of robots.
- Venture Capital – This sector involves investing in early-stage companies with high growth potential. The funding round for T-Robotics was led by notable venture capital firms.
- Technology – Involves the development and application of technological advancements. T-Robotics is leveraging AI technology to advance robotics capabilities.
Financials
- $5.4 Million – The amount raised by T-Robotics in their Seed funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| T-Robotics FPC, Inc. | Target | Company | A company focused on simplifying industrial automation through AI-enhanced robotics. |
| Goodwin | Legal Advisor | Company | A law firm advising T-Robotics on the Seed funding round. |
| The Engine Fund III, L.P. | Co-Lead Investor | Company | A venture fund co-leading the Seed funding round for T-Robotics. |
| Emergent Ventures III, LP | Co-Lead Investor | Company | A venture fund co-leading the Seed funding round for T-Robotics. |
| BSF II, LP (Berkeley Skydeck) | Investor | Company | Participating investor in the Seed funding round. |
| Raisewell Ventures Fund, I L.P. | Investor | Company | Participating investor in the Seed funding round. |