About Franklin Robotics
Franklin Robotics is a company based in Lowell (United States) founded in 2015.. Franklin Robotics has raised $1 million across 1 funding round from investors including Husqvarna Group. Franklin Robotics operates in a competitive market with competitors including Carbon Robotics, Blue River Technology, ecoRobotix, MTD Products and Tertill, among others.
- Headquarter Lowell, United States
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Sectors
TechnologyAgriculture Industrial Goods & Manufacturing
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Email
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Phone
*********
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Website
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Social
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- Legal Name Tertill Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1 M (USD)
in 1 rounds
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Latest Funding Round
$1 M (USD), Seed
Apr 10, 2018
- Investors
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Employee Count
Employee Count
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Funding Insights of Franklin Robotics
Franklin Robotics has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in April 2018. 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 1
- Last Round Seed — $1.0M
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First Round
First Round
(10 Apr 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2018 | Amount | Seed - Franklin Robotics | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Franklin Robotics
Franklin Robotics has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Husqvarna Group. 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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Outdoor power products are manufactured for consumer and professional use.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Franklin Robotics
| 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Franklin Robotics
| 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 |
Franklin Robotics Comparisons
Competitors of Franklin Robotics
Franklin Robotics 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 Carbon Robotics, Blue River Technology, ecoRobotix, MTD Products and Tertill, 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 |
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| domain | founded_year | HQ Location |
AI-based autonomous weeder robots are developed for agriculture.
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Computer vision and robotics are applied for agricultural weed control.
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| domain | founded_year | HQ Location |
Autonomous robotic weeders are built for precision agriculture tasks.
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Manufacturer of robotic lawnmower systems
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A solar-powered weeding robot for home gardens is provided.
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| domain | founded_year | HQ Location |
Robotic weeders for farming are developed using AI cameras.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Franklin Robotics
When was Franklin Robotics founded?
Franklin Robotics was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is Franklin Robotics located?
Franklin Robotics is headquartered in Lowell, United States. It is registered at Lowell, Massachusetts, United States.
Is Franklin Robotics a funded company?
Franklin Robotics is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Seed of $1M, raised on Apr 10, 2018.
What does Franklin Robotics do?
Franklin Robotics was founded in 2015 and is based in Lowell, United States. Agricultural robotics are developed by the company, with a focus on small-scale farming operations. The Tertill robot is being created to automate weeding in gardens and small plots, while obstacles, plants, and unwanted animals such as squirrels and rabbits are avoided or deterred. A launch is planned for Spring 2017.
Who are the top competitors of Franklin Robotics?
Franklin Robotics's top competitors include Carbon Robotics, Blue River Technology and ecoRobotix.
Who are Franklin Robotics's investors?
Franklin Robotics has 1 investor. Key investors include Husqvarna Group.
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