About Aethon
Aethon is a company based in Pittsburgh (United States) founded in 1997 was acquired by ST Engineering in July 2017. It operates as a Product-as-a-Service. Aethon has raised $55.34 million across 11 funding rounds from investors including Mitsui & Co., ST Engineering and Draper Triangle. Aethon offers products and services including T3 Zena RX and Zena Carrello. Aethon operates in a competitive market with competitors including Swisslog, Shenzhen Pudu Technology, Hamilton Company, MEGAROBO and SPT Labtech, among others.
- Headquarter Pittsburgh, United States
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Sectors
HealthcareIndustrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
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- Legal Name Aethon, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$55.34 M (USD)
in 11 rounds
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Latest Funding Round
$3 M (USD), Series C
Dec 20, 2013
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Investors
Mitsui & Co.
& 10 more
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Employee Count
Employee Count
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Acquired by
ST Engineering
(Jul 17, 2017)
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Products & Services of Aethon
Aethon offers a comprehensive portfolio of products and services, including T3 Zena RX and Zena Carrello. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Autonomous robot used for healthcare delivery tasks.
Robot designed for hospitality item delivery services.
Funding Insights of Aethon
Aethon has successfully raised a total of $55.34M across 11 strategic funding rounds. The most recent funding activity was a Series C round of $3 million completed in December 2013. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 11
- Last Round Series C — $3.0M
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First Round
First Round
(07 Apr 2003)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2013 | Amount | Series C - Aethon | Valuation |
investors |
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| Apr, 2012 | Amount | Series C - Aethon | Valuation | Mitsui |
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| Jul, 2011 | Amount | Series C - Aethon | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Aethon
Aethon has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include Mitsui & Co., ST Engineering and Draper Triangle. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments are made in innovative technology startups.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Strategic investments in healthcare technologies and data innovations.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Aethon
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Aethon
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Aethon Comparisons
Competitors of Aethon
Aethon operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Swisslog, Shenzhen Pudu Technology, Hamilton Company, MEGAROBO and SPT Labtech, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Integrated automation solutions for logistics and healthcare are provided.
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| domain | founded_year | HQ Location |
Indoor catering robots for delivery tasks are provided.
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| domain | founded_year | HQ Location |
Developer of automated liquid handling systems
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| domain | founded_year | HQ Location |
Robotic solutions for industrial laboratory automation are provided by MEGAROBO.
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| domain | founded_year | HQ Location |
Laboratory automation solutions are provided for life science research.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Aethon
Frequently Asked Questions about Aethon
When was Aethon founded?
Aethon was founded in 1997 and raised its 1st funding round 6 years after it was founded.
Where is Aethon located?
Aethon is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.
Who is the current CEO of Aethon?
Aldo Zini is the current CEO of Aethon.
Is Aethon a funded company?
Aethon is a funded company, having raised a total of $55.34M across 11 funding rounds to date. The company's 1st funding round was a Series C of $1.74M, raised on Apr 07, 2003.
What does Aethon do?
Aethon is focused on the development and deployment of autonomous mobile robots for various industries. Solutions are provided for healthcare by automating routine delivery tasks such as medication and specimen transportation. In hospitality, robots are utilized to deliver food and amenities to guest rooms. The companys technology is integrated with building systems and supported by fleet management software. Operations are primarily based in the USA, with a vision to accelerate robot adoption globally.
Who are the top competitors of Aethon?
Aethon's top competitors include Swisslog, MEGAROBO and Hamilton Company.
What products or services does Aethon offer?
Aethon offers T3 Zena RX and Zena Carrello.
Who are Aethon's investors?
Aethon has 11 investors. Key investors include Mitsui & Co., ST Engineering, Draper Triangle, Bosch Ventures, and Salix Ventures.
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