✉news BusinessStartups first seen 10 h ago, last 1 h ago, peak #37
Extend Robotics raises $3.3M seed round
Original: Extend Robotics raises $3.3M seed for Result-as-a-Service
Extend Robotics has raised $3.3 million in seed funding to support its Result-as-a-Service model, which delivers robotic automation outcomes to customers rather than selling equipment. The London-based startup, which offers remote-operated robotic solutions, says the funding will help scale its pay-for-results offering. The raise puts a spotlight on the growing trend of robotics companies moving toward service-based business models.
Why now: The seed round signals investor interest in robotics-as-a-service business models.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/842238