Invert Robotics closes NZD$13mil round

Christchurch-based Invert Robotics has closed a USD$8.8mil (NZD$13mil) funding round, with the support of Finistere Ventures (from Silicon Valley) and Yamaha Motor Ventures. This is particularly interesting as it is showing the interest from these two sources in New Zealand, and they are looking around for other early-stage investment opportunities. The company builds robots that can climb vertically up walls, using vacuum technology to ensure that they adhere to non-magnetic surfaces.

Read more here:
https://venturebeat.com/2019/05/02/invert-robotics-raises-8-8-million-for-inspection-robots-that-cling-to-non-metallic-surfaces/

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