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Optimotive raised $2 million USD in an oversubscribed seed funding round. The round was led by Version One Ventures, with participation from Garage Capital and Newlab.
Optimotive builds advanced autonomous robots for extreme environments such as those found in the construction, mining, and oil and gas industries. This funding will accelerate the company's mission to further automate the outdoor construction workforce and support the launch of two new robots, MULE and SCRUBBLES, designed to enhance efficiency, data capture, and safety across outdoor industrial sites.
Funding Round: Seed
Amount Raised: $2M
Valuation: Unknown
Lead Investor: Version One Ventures
Other Funds that Invested: Garage Capital, Newlab
Company Industry: Automotive
Company Headquarters: Commerce, California, United States
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