Deals
Gecko Robotics Raises $100 Million for Defense Tech
- Company is valued at $633 million by USIT, Founders Fund
- Pittsburgh-based startup builds inspection robots and software
A Gecko Robotics wall-climbing robot.
Source: Gecko RoboticsThis article is for subscribers only.
Gecko Robotics has raised $100 million for its robots that assess the safety and condition of infrastructure for industries including defense, oil and manufacturing.
The Pittsburgh-based company, whose customers include the US Navy last year’s Series Cand Air Force, received new investment as an extension to last year’s Series C round, giving the company a post-money valuation of $633 million. US Innovative Technology Fund and Founders Fund will be taking board seats, Gecko said in a statement Tuesday.