How Much Did ModalAI Raise?
Funding & Key Investors

ModalAI has secured $150K in total capital, with its most recent financing round bringing in $150K through a major strategic investment. This significant backing underscores the company's progress in the robotics and drone technology sector.

What is ModalAI?

ModalAI
ManufacturingTelecommunication EquipmentBusiness Services

ModalAI, based in San Diego, California, specializes in providing advanced robot and drone perception and communications systems. Spun out of Qualcomm® in 2018, the company leverages extensive prior research and development to offer both custom design services and plug-and-play computing platforms. This dual approach enables manufacturers and independent builders to accelerate their path to market for autonomous solutions, making them a key player in the rapidly evolving field of AI-driven robotics and aerial systems.

How much funding has ModalAI raised?

ModalAI has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in ModalAI

PPP

Public-Private Partnership

What's next for ModalAI?

The company's large-scale late-stage funding context suggests a focus on scaling operations, expanding market reach, and potentially further R&D into next-generation perception and communication technologies. This strategic investment is likely to fuel ModalAI's growth as it aims to solidify its position as a leader in the U.S.A.-manufactured robotics and drone components market, driving innovation in autonomy for a variety of applications.

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Frequently Asked Questions Regarding ModalAI Financial Insights

What are the most recent funding rounds that ModalAI has completed, and what were the funding rounds?
ModalAI has recently completed 1 funding rounds: Debt on Apr 14, 2020.
What is the total amount of funding ModalAI has raised to date?
ModalAI has raised a total of $150K in funding to date.
How many funding rounds has ModalAI completed?
ModalAI has completed 1 funding rounds.
How much funding did ModalAI raise in its most recent funding round?
ModalAI raised $150K in its most recent funding round.
Who are the lead investors in ModalAI's latest funding round?
The lead investor in ModalAI'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 ModalAI's history?
The largest funding round in ModalAI's history was $150K.
See more information about ModalAI