RISE Robotics Raises $3 Million in Additional Funding to Drive Forward the Electrification and Sustainability of Heavy Machinery
Apr 10, 2020•about 5 years ago
Amount Raised
$3 Million
Round Type
seed
Description
RISE Robotics, a leader in high-performance and cost effective electric linear actuation solutions, today announced it has raised $3 million in additional funding. The funding round was led by The Engine, the venture firm spun out of MIT that invests in early-stage Tough Tech companies that are solving the world’s most urgent problems, such as climate change, through the convergence of breakthrough science, engineering, and leadership.
FundzWatch™ Score
63
Medium Activity
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