Avidbots raises USD 23.6M Series B

Mar 21, 2019 · Funding · Avidbots · Service

Avidbots closed a USD 23.6 million Series B funding round led by True Ventures.

Avidbots company media
Company media · Avidbots
  • Returning investors included GGV Capital, SOSV, Real Ventures and 500 Startups Canada.
  • New investors included Next47, BDC Capital and Kensington Capital Partners.
  • Avidbots said the round brought total venture capital financing to USD 36 million.

Avidbots develops autonomous commercial floor-cleaning robots for large indoor facilities. Its product family includes Neo, Neo 2W and Kas, with applications across retail, transportation, healthcare, education, warehouses and manufacturing environments.