Funding

Savioke raises $15M in Series A

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What does Savioke do?

Savioke, is creating autonomous robot helpers for the service industry. The company is very interested in delivering easy to use but sophisticated robots which help humans. The company is running on a mission to improve people’s lives by developing and deploying robotic technology in human environments, where people work and live. Personal robots will aid people in achieving their potential, increase their strengths, overcome the human’s weaknesses and endow them with new abilities that the humans are just starting to imagine. The company is inspired by people who use technology for overcoming disabilities and it believes that robots have the ability to make lives better.

How much Savioke was funded?

Savioke raised $15M in Series A on January 13, 2016 Moment Ventures, Northern Light Venture Capital, EDBI and Intel Capital.

Previous funding

  • $2M on April 9, 2014 from InnoSpring Seed Fund, GV, AME Cloud Ventures, Visionnaire Ventures,Morado Venture Partners and Felicis Ventures

What is next for Savioke?

With this round the company’s total funding has raised to a total of $17.6 M. Savioke plans to use the funding for expanding sales, product developments and marketing for its award winning Relay robot.

More about Savioke

Savioke was founded in 2013 by Steve Cousins. It has its headquarters in Sunnyvale, CA. The company is creating autonomous robots for the services industry, including the world’s first autonomous hotel delivery robot. The company aims to improve peoples’ lives by developing and deploying robotic technology in human environments.  The company treats employees, suppliers, customers and partners and mainly the users of their technology with the respect which is due to all the people. The company aims for its technology to bring happiness to those who use it. They are revolutionizing the way things happen in geriatric facilities, hotels, hospitals and restaurants etc. The company has not yet announced its first product, so you just have to wait for more information.

 

 

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