Petronics

Champaign, United States Founded: 2014 • Age: 12 yrs
Platform offering innovative robot-based toys for pets.

About Petronics

Petronics was a Technology company based in Champaign (United States) founded in 2014 by Dave Cohen. It operates as a platform offering innovative robot-based toys for pets. It operates on a B2C model. Its chief executive is Dave Cohen. The company is recorded as dissolved. Its focus areas include Consumer Goods, Toys and Games, Pet Products and Robotic Toys. Its competitors include Petnet, CleverPet, PupPod, PlayDate and SC Robotics and 1 more; 4 of its 6 listed competitors have raised funding.

Company details

Petronics operates with a B2C model, focusing on producing consumer products, toys and games, offering pet products, and robotic toys. Platform offering innovative robot-based toys for pets. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

  • Headquarters Champaign, United States
  • Founders Dave Cohen
  • Sectors
    Technology
  • Website petronics.io
  • Social X
Key Metrics

Funding Insights of Petronics

  • Total Rounds 3
  • Last Round Grant β€” $563,867
  • Investors Count 2

All 3 funding rounds of Petronics with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2018$563,867Grant––
Jul 2016$225,000Grant––
Nov 2014–Seed–HAX
–
Valuation history

2 investors in total: 2 institutional.

Investors in Petronics

Petronics has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include National Science Foundation and HAX.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Startups are accelerated via a 111-day program with seed funding.
–hax.coSan Francisco, United States
A government-backed foundation providing seed-stage investments to support small businesses.
1950nsf.govArlington, United States
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Investor details for Petronics

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  • Round participation
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People of Petronics

1 people are tracked at Petronics (1 in leadership).

NameRoleGroup
Dave Cohen
Founder, CEOLeadership
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Complete people profiles for Petronics

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  • Full employee list
  • Team structure
  • Board tenure
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Timeline of Petronics

3 dated milestones of Petronics across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Petronics is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Grant, of $564K.

Competitors of Petronics

Petronics has 6 listed competitors in our database, 4 of them funded. They include Petnet, CleverPet, PupPod, PlayDate and SC Robotics, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
petnet.io2012Los Angeles, United States$21.12M–
Robotic pet-feeding systems with sensors and algorithms are provided.
clever.pet2013San Diego, United States$2.94M7
Provider of smart light and sound games for dogs
puppod.com2014Seattle, United States$1.3M–
Smart toy connected with treat dispenser
startplaydate.com2015New York, United States$40,000–
An online shop offering interactive play tools for remote pet interaction.
sc-robotics.com2016Moscow, Russia––
Develops robotic toys for interactive gameplay and entertainment with pets.
rileyrobot.com2017Norwalk, United States––
Provides robots designed for engaging and interacting with pets to enhance companionship.
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Detailed competitors of Petronics

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  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

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Top companies in Autonomous & Service Robotics

10 companies that operate in the same segment as Petronics (Autonomous & Service Robotics), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
AI-powered robots are provided as companions for children.
2015Mumbai, Maharashtra, IndiaUSD 107.78 M––
Domestic cleaning robots are provided by iRobot.
1990New Bedford, Massachusetts, United StatesUSD 13 MUSD 666.43 M541
Service robots for education, home assistance, and security are developed.
2012Shenzhen, Guangdong, ChinaUSD 1.34 BUSD 278.58 M358
Robotic arms are provided for mobility and rehabilitation support.
2004Boston, Massachusetts, United StatesUSD 17.21 MUSD 40.93 M185
Cleaning robots for homes are offered by an internet-first brand.
2020Suzhou, Jiangsu, ChinaUSD 550.6 M––
Exoskeletons for medical rehabilitation and industrial productivity are provided.
2005United StatesUSD 24.37 MUSD 71.6 M61
Humanoid social robots are provided for homes and businesses.
2012Tokyo, Tokyo, JapanUSD 117.21 M––
Cleaning robots are offered by Narwal as an internet-first brand.
2016Dongguan, Guangdong, ChinaUSD 115.62 M––
Manufacturer of robotic pool cleaning equipment
1983Afula, Northern District, Israel–––
Manufacturer of quadruped and humanoid robots for consumer, education, and industry
2016Hangzhou, Zhejiang, ChinaUSD 252.14 MUSD 242.82 M102
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Frequently Asked Questions about Petronics

Petronics was founded in 2014.

Petronics is headquartered in Champaign, United States. It is registered at Champaign, Illinois, United States.

Dave Cohen is the current CEO of Petronics. They have also founded this company.

Petronics operates with a B2C model, focusing on producing consumer products, toys and games, offering pet products, and robotic toys. Platform offering innovative robot-based toys for pets. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

Petronics's top competitors include Petnet, CleverPet and PupPod.

Petronics has 2 investors. Key investors include National Science Foundation, and HAX.

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