MOVIA discloses USD 500,000 debt investment
MOVIA Robotics disclosed a USD 500,000 debt-note investment from Clean Feet Investors to expand its team and market its robot-assisted instruction system.
Evidence notes
- Clean Feet Investors provided the USD 500,000 investment through a debt note.
- MOVIA planned to use the financing to grow its team and increase marketing, public-relations and customer-awareness work.
- The company reported that its systems were already used in 145 elementary-school classrooms through a U.S. Department of Defense contract.
Company context
MOVIA Robotics is a Connecticut assistive-technology company developing robot-assisted learning and intervention systems for neurodiverse users.