Gecko Robotics, a Pittsburgh, PA-based company which specializes in using AI-powered software and advanced robotics to maintain and build important physical infrastructure, raised $100M in Extension funding.
The round, which brought the total amount to $173M, saw participation from Founders Fund and USIT. The board seats will be filled by USIT Managing Director Gaetano Crupi, who is the co-founder and former CEO of Cabin Technologies, and Trae Stephens of Founders Fund, who is also the Co-Founder and Executive Chairman of Anduril Industries.
The company intends to use the funds to expand its business reach.
Led by CEO Jake Loosararian, Gecko Robotics is helping organizations ensure the availability, reliability, and sustainability of critical infrastructure. It has contracts with the United States Navy to speed maintenance cycles for surface ships, and the United States Air Force to assess the condition of ICBM launch facilities as part of the Sentinel program. Its solutions combine wall-climbing robots, sensors, and an AI-powered data platform to provide customers with a window into the current and future health of their physical assets. This provides insights, enabling decision advantage and increasing readiness to ensure mission success.
FinSMEs
06/12/2023