Forward Robotics Inc. (Seed)

Funding Details
Date Award
September 30, 2023
Vertical
Robotics
Funding URL
View Funding Page
Premoney Valuation
$1,000,000
Valuation
$20,000,000

Company Info
Founding Year
2018
Traction
Forward Robotics Inc. has successfully deployed its robotic systems in several manufacturing facilities, demonstrating significant improvements in production efficiency and quality. The company has secured partnerships with major industry players and is poised for rapid growth in the industrial automation sector.
Organizations Involved
SOSV, XYZ Ventures, Ford Motors, General Electric
Founders
Alice Chen, David Lee
Company Description
Forward Robotics Inc. is a company specializing in the development of advanced robotic systems for industrial automation. Their cutting-edge technology aims to revolutionize manufacturing processes by increasing efficiency, precision, and flexibility in production lines. By leveraging artificial intelligence and machine learning algorithms, Forward Robotics Inc. offers customizable solutions that cater to a wide range of industries, from automotive to electronics.
Market
Industrial Automation
Location
San Francisco, CA, US
Coinvestors
SOSV, XYZ Ventures

Links
Back to Home Back to Robotics Deals View Funding Announcement