HomeUSAWiBotic Raises $5.7M in Series A Financing Round

WiBotic Raises $5.7M in Series A Financing Round

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wibotic

WiBotic, a Seattle, WA-based company that specializes in advanced wireless charging and power optimization solutions for the ecosystem of aerial, mobile and marine robots, secured $5.7m in Series A funding.

Investors included Junson Capital, SV Tech Ventures, Rolling Bay Ventures, Aves Capital, The W Fund and WRF Capital, amongst others.

The company will use the funding to accelerate growth, expand sales team, advance hardware and software engineering, and fulfill increased customer demand.

Led by Ben Waters, CEO, WiBotic provides wireless charging and power optimization solutions for the ecosystem of aerial, mobile and marine robots. Its solutions help companies optimize the uptime of robot fleets and are an integral component of fully autonomous robotic operations. WiBotic works with companies in a variety of industries.

In addition to the funding, Mark Rogers, Chief Revenue Officer at Coolfire Solutions, has joined WiBotic’s Board of Directors. He has extensive expertise partnering with startups to enhance their sales strategies and revenue streams and was previously SVP of Business Development at Mendix (acquired by Siemens). He also held senior roles at Microsoft including global head of Microsoft Azure product management when it launched into the market, as well as leading global ISV and Developer Marketing for Microsoft Windows.

FinSMEs

11/06/2020

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