Siemens subsidiary Next47 was among the investors that contributed to the robotics technology developer’s $40m series B round.
US-based automated infrastructure inspection robot developer Gecko Robotics has raised $40m in series B funding from backers including Next47, a corporate venturing subsidiary of industrial appliance and technology producer Siemens.
Venture capital firm Drive Capital led the round, which also featured Founders Fund, Y-Combinator and private investors including Mark Cuban, Josh Reeves and Jake Seid.
Founded in 2016, Gecko has developed industrial inspection robots with the ability to climb walls. It will use the series B funding to further expand…
