About Vecna Robotics
Vecna Robotics is a company based in Cambridge (United States) founded in 2018. Vecna Robotics has raised $193 million across 6 funding rounds from investors including Tiger Global, Proficio Capital Partners and Fund for Technological Internet Companies. Vecna Robotics operates in a competitive market with competitors including GreyOrange, Third Wave Automation, Agility Robotics, Kindred and Locus Robotics, among others.
- Headquarter Cambridge, United States
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Sectors
Transportation, Automotive & LogisticsIndustrial Goods & Manufacturing Technology
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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 Vecna Robotics, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$193 M (USD)
in 6 rounds
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Latest Funding Round
$14.5 M (USD), Series C
Nov 13, 2024
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Investors
Tiger Global
& 9 more
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Employee Count
Employee Count
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Funding Insights of Vecna Robotics
Vecna Robotics has successfully raised a total of $193M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $14.5 million completed in November 2024. 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 6
- Last Round Series C — $14.5M
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First Round
First Round
(01 Jun 2018)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Series C - Vecna Robotics | Valuation |
investors |
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| Jun, 2024 | Amount | Series C - Vecna Robotics | Valuation | Tiger Global Management , Proficio Capital Partners |
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| Jun, 2024 | Amount | Debt – Conventional - Vecna Robotics | Valuation |
investors |
Investors in Vecna Robotics
Vecna Robotics has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Tiger Global, Proficio Capital Partners and Fund for Technological Internet Companies.
| Investor | Description | Founded Year | Domain | Location |
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Venture and private equity investments are managed with global diversification.
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Proficio Capital Partners is engaged in providing personalized investment and family office services focused on wealth preservation.
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Founded Year | Domain | Location | |
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Funding for technological internet companies and related services.
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Founded Year | Domain | Location |
Investments & Acquisitions by Vecna Robotics
Financial Statements - Vecna Robotics
Vecna Robotics Comparisons
Competitors of Vecna Robotics
Vecna Robotics 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 GreyOrange, Third Wave Automation, Agility Robotics, Kindred and Locus Robotics, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI and SaaS-based robots for warehouse automation are provided.
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| domain | founded_year | HQ Location |
AI and cloud-driven automation is delivered for warehouse material handling.
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| domain | founded_year | HQ Location |
Bipedal robots are developed for locomotion, navigation, and manipulation applications.
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| domain | founded_year | HQ Location |
Provider of a pick and place robot for e-commerce applications
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| domain | founded_year | HQ Location |
Automated robotic solutions are provided for warehouse operations.
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| domain | founded_year | HQ Location |
Warehouse automation tools and last-mile transportation solutions are provided.
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Frequently Asked Questions about Vecna Robotics
Vecna Robotics was founded in 2018.
Vecna Robotics is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Karl Iagnemma is the current CEO of Vecna Robotics.
Vecna Robotics is a funded company, having raised a total of $193M across 6 funding rounds to date. The company's 1st funding round was a Series C of $40M, raised on Jun 01, 2018.
Vecna Robotics is engaged in the design and development of robotic solutions for workflow automation, chiefly in the distribution, e-commerce, retail, and manufacturing sectors. In addition, the company offers hybrid fulfillment solutions that combine humans and collaborative robots in real-time intelligence for creating uninterrupted workflows. The company claims that the robots are equipped with 360-degree sensor protection and obstacle avoidance technologies allowing them to navigate around both static and dynamic obstacles. Both the products come embedded with Pivot. al which is a proprietary AI-based orchestration engine that analyzes the current state of operation and assigns jobs based on accessibility, capability, and location of resources. The company also offers workflow optimization software that combines real-time data, predictive analytics, and AI to determine which workflows and robots will bring optimized results to enterprises.
Vecna Robotics's top competitors include GreyOrange, Third Wave Automation and Agility Robotics.
Vecna Robotics has 10 investors. Key investors include Tiger Global, Proficio Capital Partners, Fund for Technological Internet Companies, Lineage, and Blackhorn Ventures.