How Much Did Double Robotics Raise?
Funding & Key Investors

Double Robotics has secured $400K in total capital, with its most recent financing round bringing in $150K. This large-scale, late-stage funding event, characterized as a major strategic investment, underscores the company's established position and future growth potential in the advanced robotics sector.

What is Double Robotics?

Double Robotics
Business ServicesSecurity Information and Event Management (SIEM)Industrial Machinery & Equipment

Double Robotics is at the forefront of telepresence technology, offering the Double 3, a sophisticated self-driving robot designed to bridge physical distances in hybrid work and learning environments. Leveraging advanced 3D sensors for precise obstacle avoidance, the Double 3 enables seamless navigation, providing users with a tangible presence in remote locations. This innovation is particularly impactful for remote workers and students seeking enhanced connectivity and interactive experiences, effectively overcoming the limitations of physical absence.

How much funding has Double Robotics raised?

Double Robotics has raised a total of $400K across 2 funding rounds:

2012

Angel/Seed

$250K

2020

Debt

$150K

Angel/Seed (2012): $250K with participation from Grishin

Debt (2020): $150K led by PPP

Key Investors in Double Robotics

Grishin Robotics

Grishin Robotics is an early-stage venture capital firm based in Silicon Valley that specializes in consumer hardware. The firm invests in Seed and Series A startups targeting large consumer markets, including online entertainment, gaming, food, education, and team productivity.

What's next for Double Robotics?

The substantial capital infusion, particularly the recent strategic investment, positions Double Robotics for significant scaling and further technological development. This late-stage backing suggests a focus on market expansion, enhancing the capabilities of its telepresence robots, and solidifying its competitive edge in the burgeoning market for remote collaboration and interaction solutions. Future endeavors will likely involve refining mixed reality features and optimizing the user experience for a broader range of professional and educational applications.

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Frequently Asked Questions Regarding Double Robotics Financial Insights

What are the most recent funding rounds that Double Robotics has completed, and what were the funding rounds?
Double Robotics has recently completed 2 funding rounds: Debt on May 3, 2020, Angel/Seed on Sep 20, 2012.
What is the total amount of funding Double Robotics has raised to date?
Double Robotics has raised a total of $400K in funding to date.
How many funding rounds has Double Robotics completed?
Double Robotics has completed 2 funding rounds.
How much funding did Double Robotics raise in its most recent funding round?
Double Robotics raised $150K in its most recent funding round.
Who are the lead investors in Double Robotics's latest funding round?
The lead investor in Double Robotics's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Double Robotics's history?
The largest funding round in Double Robotics's history was $250K.
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