What is Savioke?
Founded in 2014, Savioke is dedicated to enhancing human experiences through its fleet of simple, sophisticated, and autonomous service robots. These robots are engineered to operate safely, securely, and reliably in human-centric environments, offering contact-free operations. Savioke's technology has facilitated hundreds of thousands of deliveries globally, serving diverse sectors including hospitality, healthcare, foodservice, and office management. The company's commitment lies in deploying robotics that measurably improve daily life and operational efficiency.
How much funding has Savioke raised?
Savioke has raised a total of $30.8M across 4 funding rounds:
Angel/Seed
$2M
Series A
$15M
Series B
$13.4M
Debt
$350K
Angel/Seed (2014): $2M with participation from Google Ventures, Morado Venture Partners, and AME Cloud Ventures
Series A (2016): $15M led by Northern Light Venture Capital, Intel, EDBI, Morado Venture Partners, AME Cloud Ventures, and Google Ventures
Series B (2018): $13.4M supported by Recruit Strategic Partners, Brain Corporation, Intel Capital, and Swisslog Healthcare
Debt (2020): $350K featuring PPP
Key Investors in Savioke
Northern Light Venture Capital
Northern Light Venture Capital is a technology-centric early-stage venture capital firm that supports entrepreneurs in enterprise, healthcare, and consumer sectors. They focus on disruptive potential and digital transformation, leveraging their team's expertise to nurture founders.
Intel
Intel Corporation is a global technology company involved in the design, development, and manufacturing of computer components. Their investment in Savioke likely aligns with their broader strategy in robotics, AI, and autonomous systems.
EDBI
EDBI is a global investor based in Singapore, focusing on high-growth technology sectors. They aim to create value and empower businesses through strategic investments, particularly in areas like robotics and AI.
What's next for Savioke?
With its recent strategic investment and a history of substantial enterprise-level backing, Savioke is poised for significant expansion. The company's focus on autonomous service robots for critical sectors like healthcare and hospitality indicates a strategic alignment with market demands for contactless and efficient solutions. Future developments are likely to involve further advancements in AI and robotics, expanding the range of tasks their robots can perform and deepening their integration into various industries. This capital will fuel innovation, scale operations, and solidify Savioke's position as a leader in the autonomous robotics market.
See full Savioke company page
