CapStone equity investment backs Perrone Robotics expansion

Feb 12, 2021 · Funding · Perrone Robotics · Automotive

Perrone Robotics completed an equity offering to a single investor, identified by the company as CapStone Holdings.

Perrone Robotics company media
Company media · Perrone Robotics
  • The SEC filing records a February 12 first sale and confirms that the full offering was sold to one investor.
  • Perrone said the capital would scale TONY commercialization and support an advanced autonomous-vehicle test facility at the American Center for Mobility.
  • At announcement, the vehicle-agnostic retrofit system had been applied across more than 30 vehicle types.

Perrone Robotics is a privately held autonomous-driving technology company that supplies its MAX software platform, TONY AV and ADAS retrofit kits, and turnkey automated passenger and cargo vehicles.