Ally Robotics
Democratizing robotics with affordable, extensible, no-code robotic arms
Amount Raised:
$4,807,563
- Min Investment
- $999
- Offering Date
- October 03, 2022
- Expected Close Date
- May 13, 2023
- Target Raise
- $8.50M
- No. Investors
- 66
- Website
- allyrobotics.com
Company Description
Economic growth in the US and around the globe has lifted more people into the middle class, leaving a vast labor shortage in service industries. As educational attainment grows, fewer people entering the labor force are interested in service sector and similar industries.
Key Deal Facts
Ally is making robotic arms affordable, lightweight, smart, and easy to use
No-code programming and imitation learning for unique ease of use
$30M potential revenue via a non-binding Letter of Intent
Designed from day one with manufacturability and affordability in mind
Led by alums from Microsoft, Stanley Black & Decker, and Nokia
Amount Raised:
$4,807,563
