About Modbot
Modbot is a company based in Melbourne (Australia) founded in 2013.. Modbot offers products and services including Custom Hardware Solutions, E-Mobility Drivetrains, and Intelligent Exercise Machines. Modbot operates in a competitive market with competitors including RightHand Robotics, Agile Robots, Gecko Robotics, Bright Machines and Vicarious, among others.
- Headquarter Melbourne, Australia
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Sectors
TechnologyIndustrial Goods & Manufacturing
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Phone
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Website
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Social
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- Legal Name Modbot Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Autodesk
& 3 more
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Employee Count
Employee Count
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Products & Services of Modbot
Modbot offers a comprehensive portfolio of products and services, including Custom Hardware Solutions, E-Mobility Drivetrains, and Intelligent Exercise Machines. 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.
Designs tailored hardware for robotics and automation
Develops drivetrains for electric mobility applications
Creates smart machines for fitness and exercise tech
Funding Insights of Modbot
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2016 | Amount | Seed - Modbot | Valuation | Eclipse , AME Cloud Ventures |
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| 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 |
investors |
Investors in Modbot
Modbot has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Autodesk, Eclipse and AME Cloud Ventures. 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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Early-stage investments are made by Eclipse across multiple sectors.
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Founded Year | Domain | Location | |
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AME Cloud Ventures is focused on investing in data-driven technology companies.
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Founded Year | Domain | Location | |
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Global tech startups are invested in stage-agnostically by Visionnaire Ventures.
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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 Modbot
| 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 - Modbot
| 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 |
investors |
Modbot Comparisons
Competitors of Modbot
Modbot 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 RightHand Robotics, Agile Robots, Gecko Robotics, Bright Machines and Vicarious, 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-enabled robotic grippers for object picking are provided.
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| domain | founded_year | HQ Location |
Deep learning-based vision for autonomous robot perception is provided.
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| domain | founded_year | HQ Location |
Wall-climbing robots are developed for boiler inspections at power plants.
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| domain | founded_year | HQ Location |
Full-stack automation solutions for electronics manufacturing are provided.
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| domain | founded_year | HQ Location |
AI-based robotic arms are developed for industrial automation tasks.
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| domain | founded_year | HQ Location |
Collaborative robots are developed for manufacturing to boost efficiency.
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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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Frequently Asked Questions about Modbot
When was Modbot founded?
Modbot was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Where is Modbot located?
Modbot is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
What does Modbot do?
Modbot provides robot building blocks that can be assembled into different forms according to the desired functionality. These affordable and re-usable modules provides high precision at low costs. They offers a complete robot development platform that includes a sophisticated integrated servo, a plug and play joint, a link with network and power cabling integrated, a phone app interface for rapid prototyping and an in-browser virtual simulation collaboration system. The mobile app is used to program the recorded key-frames and repeated sequences wirelessly, and upload the data to the cloud using Modbot Virtual Robot Builder. It can be transformed into a smooth camera holder, car simulator or a prosthetic leg. Part of Highway1.io, a hardware accelerator program.
Who are the top competitors of Modbot?
Modbot's top competitors include Vicarious, Yaskawa and Gecko Robotics.
What products or services does Modbot offer?
Modbot offers Custom Hardware Solutions, E-Mobility Drivetrains, and Intelligent Exercise Machines.
Who are Modbot's investors?
Modbot has 4 investors. Key investors include Autodesk, Eclipse, AME Cloud Ventures, and Visionnaire Ventures.