PreAct Technologies Timeline

Events

• 2023-04-25 - Funding - PreAct Technologies completes $20M Series B - The announcement described the financing as a second close bringing the Series B total to $20 million. I Squared Capital, Luminate and State Farm Ventures were reported as investors. Capital supported R&D and expansion into industrial and other… - source: preact-tech.com
• 2023-01-11 - Acquisition - PreAct Technologies agrees to acquire Gestoos AI platform - Gestoos adds a software platform for quickly generating AI algorithms for sensing use cases. The acquisition strengthens edge processing for automotive, trucking, robotics and industrial applications. Robotics applications include AGVs, AMRs and consumer… - source: prnewswire.com