FORT Robotics has raised $20 Million in New Funding
According to filings with the U.S. Securities and Exchange Commission, FORT Robotics has raised $20 Million in new Post-IPO Equity (PIPE) funding. The federal securities law requires the notice to be...
According to filings with the U.S. Securities and Exchange Commission, FORT Robotics has raised $20 Million in new Post-IPO Equity (PIPE) funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.
Investors in the company’s current round of funding include: Tiger Global, Mark Cuban Companies
About FORT Robotics
FORT Robotics is a safety specialist for the robotics industry, providing a trust layer for physical AI from robot design through warehouses and worksites. Its solutions include human-in-the-loop wireless control, inside-out safety using onboard sensors and collision avoidance, and outside-in safety that leverages sensors throughout the worksite. FORT serves more than 600 customers across warehousing, delivery, defense, agriculture, and transportation, helping them accelerate safety certification, improve robot efficiency, and deploy machines at scale. The company reports that more than 19,500 FORT devices are in use and that it has earned 25 patents. FORTs technology is Safety Integrity Level 3 certified under IEC 61508, has worldwide regulatory approvals, and is supported by leadership participation in organizations shaping industrial and service-robot standards.
To learn more, visit https://www.fortrobotics.com/
Linkedin: https://www.linkedin.com/company/fort-robotics/
Contact:
Samuel Reeves, CEO
https://www.linkedin.com/in/samueljreeves/
SOURCE: http://www.intelligence360.io
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