About Kinova
Kinova is a company based in Boisbriand (Canada) founded in 2006.. Kinova has raised $57 million across 3 funding rounds from investors including Foxconn Electronics, BDC and Innovation, Science and Economic Development Canada. Kinova operates in a competitive market with competitors including Vicarious, RightHand Robotics, UBTECH, Softbank Robotics and Sarcos, among others.
- Headquarter Boisbriand, Canada
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$57 M (USD)
in 3 rounds
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Latest Funding Round
$16 M (USD), Grant
Feb 09, 2022
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Investors
Foxconn Electronics
& 6 more
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Employee Count
Employee Count
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Funding Insights of Kinova
Kinova has successfully raised a total of $57M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $16 million completed in February 2022. 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 3
- Last Round Grant — $16.0M
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First Round
First Round
(28 Sep 2017)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Grant - Kinova | Valuation |
investors |
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| Dec, 2021 | Amount | Series B - Kinova | Valuation | Graham Partners | |
| Sep, 2017 | Amount | Series A - Kinova | Valuation | Fonds Manufacturier Quebecois |
| 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 Kinova
Kinova has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Foxconn Electronics, BDC and Innovation, Science and Economic Development Canada. 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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Graham Partners is engaged in private investments targeting advanced manufacturing.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Venture capital fund
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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 Kinova
| 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 - Kinova
| 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 |
Kinova Comparisons
Competitors of Kinova
Kinova 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 Vicarious, RightHand Robotics, UBTECH, Softbank Robotics and Sarcos, 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 |
AI-based robotic arms are developed for industrial automation tasks.
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| domain | founded_year | HQ Location |
AI-enabled robotic grippers for object picking are provided.
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| domain | founded_year | HQ Location |
Service robots for education, home assistance, and security are developed.
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| domain | founded_year | HQ Location |
Humanoid social robots are provided for homes and businesses.
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| domain | founded_year | HQ Location |
Multi-utility robots are developed for industrial applications.
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| domain | founded_year | HQ Location |
Bipedal robots are developed for locomotion, navigation, and manipulation applications.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Kinova
Frequently Asked Questions about Kinova
When was Kinova founded?
Kinova was founded in 2006 and raised its 1st funding round 11 years after it was founded.
Where is Kinova located?
Kinova is headquartered in Boisbriand, Canada. It is registered at Boisbriand, Quebec, Canada.
Is Kinova a funded company?
Kinova is a funded company, having raised a total of $57M across 3 funding rounds to date. The company's 1st funding round was a Series A of $25M, raised on Sep 28, 2017.
What does Kinova do?
Developer of robotic arms for personal assistance and research purposes. The chief offering is an assistive six-axis robotic manipulator arm with a two- or three-finger hand-arm that allows users to perform multiple functions for patients with spinal cord injuries, SMA, muscular dystrophy, ALS, and stroke.
Who are the top competitors of Kinova?
Kinova's top competitors include Vicarious, Agility Robotics and UBTECH.
Who are Kinova's investors?
Kinova has 7 investors. Key investors include Foxconn Electronics, BDC, Innovation, Science and Economic Development Canada, Export Development Canada, and Graham Partners.