Wednesday, August 17, 2022

GrayMatter Robotics Raises $20M

Los Angeles-based GrayMatter Robotics, a developer of artificial intelligence and robotics technology, has raised $20M in a Series A investment, according to the company. The funding was led by Bow Capital and also included B Capital Group, Calibrate Ventures, OCA Ventures, Pathbreaker Ventures, Stage Venture Partners, and 3M Ventures, plus Swift Ventures. The company said the new funding will go towards growth and expansion, including expanding its team. The company's co-founder and CEO is Ariyan Kabir; its co-founder and CTO is Brual Shah. More information »