About Persimmon Technologies
Persimmon Technologies is an Industrial Goods & Manufacturing company based in Wakefield (United States) founded in 2010, and was acquired by Sumitomo Heavy Industries in June 2017. It operates as a vacuum robotics and automation are developed for semiconductor industry. Persimmon Technologies has raised $31.68 million across 12 funding rounds from investors including ABB, Sumitomo Heavy Industries and National Science Foundation. The company has 54 employees. Persimmon Technologies offers products and services including Vacuum Robotics and Custom Motors. Its focus areas include High Tech, Professional Service Robots and Electronics. Its legal entity is PERSIMMON TECHNOLOGIES CORPORATION. Its competitors include Brooks Automation, OptoFidelity, Sastra Robotics, Adapta and FemtoTools and 4 more; 4 of its 9 listed competitors have raised funding.
Company details
Persimmon Technologies was founded in 2010 and is based in Wakefield, United States. Vacuum robotics and hybrid-field motor technology are supplied to the semiconductor, LED, flat panel display, and solar equipment sectors. Motor components are produced using 3D deposition processes within this technology, through which power density is enhanced, production steps are removed, and costs for components are lowered.
- Headquarters Wakefield, United States
- Employees 54
- Stage Acquired
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website persimmontech.com
- Social LinkedIn
- Acquired by Sumitomo Heavy Industries (Jun 2017)
- Legal Name Persimmon Technologies Corporation
- Total Equity Funding$31.68M (USD)
in 12 rounds
- Latest Funding Round$3M (USD), Series C
Oct 2016
- InvestorsABB
& 6 more
- Employee Count54
- Acquired bySumitomo Heavy Industries
(Jun 2017)
Products & Services of Persimmon Technologies
Persimmon Technologies offers a comprehensive portfolio of products and services, including Vacuum Robotics and Custom Motors.
Advanced robotics for vacuum environments in semiconductor markets.
High-performance servo motors for challenging industrial applications.
Funding Insights of Persimmon Technologies
Persimmon Technologies has successfully raised a total of $31.68M across 12 strategic funding rounds. The most recent funding activity was a Series C round of $3 million completed in October 2016. 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 $31.68M
- Total Rounds 12
- Last Round Series C — $3M
- First Round $150,000
(Apr 2011)
- Investors Count 6
Latest 10 of 12 funding rounds of Persimmon Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2016 | $3M | Series C | – | – | – |
| Aug 2015 | $1.03M | Grant | – | – | |
| Jun 2015 | $200,000 | Grant | – | – | |
| May 2015 | $8.94M | Series C | – | – | – |
| Mar 2015 | $928,671 | Debt – Conventional | – | – | – |
| Aug 2014 | $1.18M | Debt – Conventional | – | – | – |
| Mar 2014 | $14M | Series B | – | Intel Capital, Berwind Private Equity | – |
| Dec 2012 | $5.75M | Series A | – | – | – |
| Nov 2012 | $500,000 | Grant | – | – | |
| Sep 2012 | $1.03M | Grant | – | – |
7 investors in total: 7 institutional.
Investors in Persimmon Technologies
Persimmon Technologies has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include ABB, Sumitomo Heavy Industries and National Science Foundation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech focused early stage VC firm investing in the US | – | mass-ventures.com | Boston, United States | |
Investment in technology startups focusing on compute, AI, and related innovations. | – | intelcapital.com | - | |
Investment opportunities are identified for the Berwind family by Berwind Private Equity. | – | berwindprivateequity.com | Harvard, United States | |
A government-backed foundation providing seed-stage investments to support small businesses. | 1950 | nsf.gov | Arlington, United States | |
Offers solutions in sensors, motors, card readers, and electronic manufacturing. | 1946 | nidec-sankyo.co.jp | Nagano, Japan | |
ABB Group is engaged in industrial automation and energy solutions. | 1988 | global.abb | United States | |
Precision control machines and components are manufactured globally. | 1888 | shi.co.jp | Shinagawa, Japan |
Investor details for Persimmon Technologies
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Timeline of Persimmon Technologies
4 dated milestones of Persimmon Technologies across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Persimmon Technologies is founded.
- Funding First funding round of $150K.
- Funding Latest funding round, Series C, of $3.0M.
- Exit Acquired by Sumitomo Heavy Industries.
Competitors of Persimmon Technologies
Persimmon Technologies has 9 listed competitors in our database, 4 of them funded. They include Brooks Automation, OptoFidelity, Sastra Robotics, Adapta and FemtoTools, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| brooks.com | 1978 | Chelmsford, United States | – | 1,928 | Vacuum robots for semiconductor wafer handling are developed. | |
| optofidelity.com | 2005 | Tampere, Finland | $4.02M | – | Test and measurement automation systems for devices are provided. | |
| sastrarobotics.com | 2013 | Ernakulam, India | $185,305 | – | Manufacturer of consumer and industrial use robots | |
| adaptarobotics.com | 2015 | Bucharest, Romania | $2.23M | – | Robots for shelf management and device testing are manufactured. | |
| femtotools.com | 2007 | Buchs, Switzerland | – | – | MEMS testing platforms are developed for robotic wafer-level analysis. | |
| tapster.io | 2015 | Oak Park, United States | $100,000 | – | Provider of robot for automated testing of apps | |
| jotautomation.com | 1988 | Oulu, Finland | – | 23 | Automated test and assembly solutions are provided for smart devices. | |
| innovativerobotics.com | 1998 | San Jose, United States | – | – | Delivers advanced robotic solutions for semiconductor manufacturing processes. | |
| tactileautomation.com | 2014 | Monroe, United States | – | – | Develops and sells testing tools for touch panel devices and related hardware components. |
Detailed competitors of Persimmon Technologies
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Web traffic of Persimmon Technologies
The website of Persimmon Technologies (persimmontech.com) receives about 1.2K visits a month.
- Monthly visits1.2K
▼ 8.6% vs previous month
Top companies in Industrial Automation & Robotics
10 companies that operate in the same segment as Persimmon Technologies (Industrial Automation & Robotics), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of LiDAR-based sensors | 2002 | San Francisco, California, United States | USD 129 M | USD 169.38 M | 192 | |
Diversified electronics and automation equipment are manufactured and supplied. | 1885 | United States | – | USD 37.44 B | 6,810 | |
Manufacturer of Industrial and Consumer Electric Equipment | 1937 | Mumbai, Maharashtra, India | – | USD 1.32 B | 4,840 | |
AI and SaaS-based robots for warehouse automation are provided. | 2012 | Roswell, United States | USD 545.23 M | USD 39.76 M | 553 | |
AI-based robotic arms are developed for industrial automation tasks. | 2010 | San Francisco, California, United States | USD 123.02 M | – | – | |
Energy management and automation solutions are provided globally. | 1836 | Rueil-malmaison, Hauts-de-seine, France | – | USD 39.63 B | 2,020 | |
AI-enabled autonomous vehicles are developed for local goods deliveries. | 2016 | Menlo Park, California, United States | USD 2.34 B | – | 1,152 | |
Robotic waterjet system for prostate tissue removal is developed. | 2009 | Redwood City, California, United States | USD 348.84 M | USD 308.05 M | 756 | |
Robotic equipment for automating weeding on vegetable farms is developed. | 2016 | San Francisco, California, United States | USD 139.96 M | – | 73 | |
Collaborative surgical robotic systems are provided for hospital procedures. | 2014 | Cambridge, Cambridgeshire, United Kingdom | USD 1.68 B | USD 48.75 M | 680 |
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Frequently Asked Questions about Persimmon Technologies
Persimmon Technologies was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Persimmon Technologies is headquartered in Wakefield, United States.
Persimmon Technologies is a funded company, having raised a total of $31.68M across 12 funding rounds to date. The company's 1st funding round was a Grant of $1.03M, raised on Apr 2011.
Persimmon Technologies has 54 employees.
Persimmon Technologies was founded in 2010 and is based in Wakefield, United States. Vacuum robotics and hybrid-field motor technology are supplied to the semiconductor, LED, flat panel display, and solar equipment sectors. Motor components are produced using 3D deposition processes within this technology, through which power density is enhanced, production steps are removed, and costs for components are lowered.
Persimmon Technologies's top competitors include Brooks Automation, Adapta and Sastra Robotics.
Persimmon Technologies offers Vacuum Robotics and Custom Motors.
Persimmon Technologies has 7 investors. Key investors include ABB, Sumitomo Heavy Industries, National Science Foundation, MassVentures, and Intel Capital.
Persimmon Technologies operates through Persimmon Technologies Corporation.
Yes. Persimmon Technologies was acquired by Sumitomo Heavy Industries in June 2017.