About Persimmon Technologies
Persimmon Technologies is a company based in Wakefield (United States) founded in 2010 was acquired by Sumitomo Heavy Industries in June 2017. 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 as of December 31, 2022. Persimmon Technologies offers products and services including Vacuum Robotics and Custom Motors. Persimmon Technologies operates in a competitive market with competitors including Brooks Automation, OptoFidelity, Sastra Robotics, Adapta and FemtoTools, among others.
- Headquarter Wakefield, United States
- Employees 54 as on 31 Dec, 2022
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Sectors
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 Persimmon Technologies Corporation
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$31.68 M (USD)
in 12 rounds
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Latest Funding Round
$3 M (USD), Series C
Oct 26, 2016
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Investors
ABB
& 6 more
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Employee Count
54
as on Dec 31, 2022
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Acquired by
Sumitomo Heavy Industries
(Jun 01, 2017)
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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.
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.
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Tech focused early stage VC firm investing in the US
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Investment in technology startups focusing on compute, AI, and related innovations.
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Investment opportunities are identified for the Berwind family by Berwind Private Equity.
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Investor details for Persimmon Technologies
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Investments & Acquisitions by Persimmon Technologies
Investment portfolio details for Persimmon Technologies
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Financial Statements - Persimmon Technologies
Detailed financials for Persimmon Technologies
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Persimmon Technologies Comparisons
Peer comparison for Persimmon Technologies
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Competitors of Persimmon Technologies
Persimmon Technologies 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 Brooks Automation, OptoFidelity, Sastra Robotics, Adapta and FemtoTools, among others.
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Vacuum robots for semiconductor wafer handling are developed.
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Test and measurement automation systems for devices are provided.
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Manufacturer of consumer and industrial use robots
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Robots for shelf management and device testing are manufactured.
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MEMS testing platforms are developed for robotic wafer-level analysis.
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Detailed competitors of Persimmon Technologies
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Latest news on Persimmon Technologies
Complete news archive for Persimmon Technologies
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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.
As of Dec 31, 2022, the latest employee count at Persimmon Technologies is 54.
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.