What is Persimmon Technologies?
Persimmon Technologies is at the forefront of innovation in vacuum environment robotics and electric motor technology. The company specializes in providing cutting-edge solutions, including its proprietary Hybrid Field Motor technology, to key sectors such as semiconductor manufacturing, power electronics, and advanced packaging. Their mission is to empower leading semiconductor manufacturers to produce next-generation computer chips, thereby driving advancements in artificial intelligence, smart devices, and autonomous vehicles. Persimmon Technologies is recognized for its disruptive innovations and commitment to exceptional customer service, backed by numerous worldwide patents.
How much funding has Persimmon Technologies raised?
Persimmon Technologies has raised a total of $41.7M across 9 funding rounds:
Multiple Rounds
$6.2M
Private Equity
$7.5M
Series B
$14M
Debt
$1.2M
Debt
$928K
Private Equity
$8.9M
Private Equity
$3M
Private Equity (2012): $2M, investors not publicly disclosed
Grant (2012): $500K led by National Science Foundation
Private Equity (2012): $3.7M, investors not publicly disclosed
Private Equity (2013): $7.5M, investors not publicly disclosed
Series B (2014): $14M backed by Intel Capital, Nidec Sankyo, and Berwind Private Equity
Debt (2014): $1.2M, investors not publicly disclosed
Debt (2015): $928K, investors not publicly disclosed
Private Equity (2015): $8.9M, investors not publicly disclosed
Private Equity (2016): $3M, investors not publicly disclosed
Key Investors in Persimmon Technologies
Intel Capital
Intel Capital, a division of Intel, invests in innovative startups targeting artificial intelligence, autonomous vehicles, datacenter, Cloud, 5G, and next-generation compute technologies. They are headquartered in Santa Clara, California.
Nidec Sankyo
Nidec Sankyo operates within the Industrial Machinery & Equipment sector, providing specialized components and solutions. The company is headquartered in Shelbyville, Indiana.
Berwind Private Equity
Berwind Private Equity is a multi-generational investment firm focused on managing and growing the Berwind family's wealth through strategic investments, aiming for long-term sustainability and financial success.
What's next for Persimmon Technologies?
The recent major strategic investment in Persimmon Technologies signals a pivotal moment for the company, likely enabling accelerated research and development, expansion into new markets, and enhancement of its production capabilities. This capital infusion is expected to bolster its position in supporting the production of advanced computer chips essential for AI and autonomous systems. The company's focus on disruptive innovation and its strong patent portfolio suggest a trajectory aimed at further solidifying its leadership in the high-performance robotics and motor technology sector, potentially leading to further strategic partnerships and market penetration.
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