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 significant strategic investment underscores the company's established position in the market and its potential for future expansion. The company's funding history, which includes a mix of debt and early-stage investment, indicates a trajectory from development to scaling.

What is Double Robotics?

Double Robotics
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Double Robotics is a technology firm specializing in telepresence solutions. Its flagship product, the Double 3, is a self-driving telepresence robot designed to facilitate remote work and learning. Equipped with advanced 3D sensors for sophisticated obstacle avoidance, the robot enables seamless navigation in diverse environments. This innovation is particularly impactful for remote professionals and students, offering a tangible presence where physical attendance is impractical. The integration of mixed reality features and high-definition cameras further enhances user engagement, creating a more interactive and immersive experience for remote collaboration and education.

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 a venture capital firm focused on early-stage consumer hardware, investing in Seed and Series A startups within large consumer markets like online entertainment, gaming, food, education, and team productivity. They support founders in scaling their businesses.

What's next for Double Robotics?

With its recent strategic investment and substantial total funding, Double Robotics is poised for accelerated growth and product development. The company's focus on enhancing hybrid work and learning environments aligns with current global trends, suggesting a strong market demand for its telepresence solutions. Future initiatives are likely to involve further refinement of its autonomous navigation capabilities, expansion of mixed reality features, and broader market penetration. This capital infusion will be critical in scaling operations, enhancing research and development, and solidifying its competitive edge in the evolving landscape of remote interaction technologies.

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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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