Lucid Bots secures $9.1M in Series A funding led by Cubit Capital to advance its portfolio of autonomous robotics
Lucid Bots secures $9.1M in Series A funding led by Cubit Capital to advance its portfolio of autonomous robotics
05/08/24, 12:05 PM
Location
charlotteMoney raised
$9.1 million
Industry
robotics
Round Type
series a
Investors
Idea Fund, Cubit Capital
Lucid Bots, a robotics company specializing in building intelligent robots for labor-intensive and dirty jobs, has raised $9.1M in Series A funding led by Cubit Capital. The company plans to utilize the funds to advance its portfolio of autonomous robotics, scale operations, and expand into new markets using its AI-driven software and sensor platform.
Company Info
Location
charlotte, north carolina, united states
Additional Info
Founded in 2018, Lucid Bots Inc. is an AI robotics company that is committed to uplifting humanity by building the world's most productive and responsible robots that can do dangerous and demanding tasks. Headquartered in Charlotte, the company engineers, manufactures, and supports its products domestically, which include the Sherpa, a cleaning drone, and the Lavo Bot, a pressure-washing robot. Lucid's robots are elevating safety and efficiency for a growing number of customers around the world. Lucid is a Y Combinator-backed company, with investments from Cubit Capital, Idea Fund Partners, Danu Ventures, and others.