Simbe Robotics Raised $28M in Series B Funding

by | Jul 13, 2023 | General News

Today, Simbe Robotics, Inc., a retailer services robotics company, announced a Series B equity financing round of $28 million, led by Eclipse.

This latest round of funding follows a successful Series A in 2019, bringing the total amount raised by Simbe to $54 million. This funding also builds on the company’s incredible momentum and growth, having increased its annual recurring revenue by 10X and contracted recurring yearly revenue by 22X since 2020.

Full company announcement.

by: Bill Parson

by: Bill Parson

Bill is an accomplished editor with a passion for robotics and emerging technologies. With a keen eye for detail and a knack for concise communication, he plays a pivotal role in developing and publishing content for SimplyBots. His deep interest in the field of robotics stems from his fascination with the potential of intelligent machines to transform various aspects of our lives.
Companies Shaping the Future of Restaurant Robotics

Companies Shaping the Future of Restaurant Robotics

The challenging journey of teaching machines to handle kitchen tasks highlights the value of skilled fry cooks. The seemingly straightforward responsibilities of restaurant staff are, in fact, intricate, prompting the development of advanced robots by a sector of the robotics industry investing millions.

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