Atlas Motion emerges from stealth with $11.5 million seed
Atlas Motion raised $11.5 million in seed funding led by Greycroft to scale its application-specific motor and actuator business for drones and robots.
Evidence notes
- Also Capital, Enea Capital, Mana Ventures, Sunflower and Ravelin joined the round alongside individual defence-technology operators.
- Atlas said it had shipped custom motors to 14 customers and was operating production capacity of about 10,000 motors per month.
- The capital will support a second manufacturing facility in the Philippines, team growth and further development of its Vector design and factory-software layer.
Company context
Atlas Motion designs and manufactures application-specific brushless motors and actuators for drones, robots and autonomous machines.