Tuesday, June 30, 2020
LA's Elementary Robotics Finds $12.7M For Industrial Inspections
Los Angeles-based Elementary Robotics, a new startup led by startup veteran Arye Barnehama, said on Tuesday that it has raised $12.7M in funding for its industrial robotics company. The funding was led by Threshold Ventures, and also included Fika Ventures, Fathom Capital, and Toyota AI Ventures. According to the company, it has now raised $15M in total. Elementary Robotics is working on robots it says will eventually augment human workers in complex tasks and for industrial inspection.