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 |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 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. 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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Venture and private equity investments are managed with global diversification.
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Founded Year | Domain | Location | |
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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 |
| 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 Vecna Robotics
| 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 - Vecna Robotics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
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. 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 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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| 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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Latest news on Vecna Robotics
Frequently Asked Questions about Vecna Robotics
When was Vecna Robotics founded?
Vecna Robotics was founded in 2018.
Where is Vecna Robotics located?
Vecna Robotics is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Who is the current CEO of Vecna Robotics?
Karl Iagnemma is the current CEO of Vecna Robotics.
Is Vecna Robotics a funded company?
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.
What does Vecna Robotics do?
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.
Who are the top competitors of Vecna Robotics?
Vecna Robotics's top competitors include GreyOrange, Third Wave Automation and Agility Robotics.
Who are Vecna Robotics's investors?
Vecna Robotics has 10 investors. Key investors include Tiger Global, Proficio Capital Partners, Fund for Technological Internet Companies, Lineage, and Blackhorn Ventures.
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