Knightscope, backed by NTT Docomo, Konica Minolta and Flextronics, has opted for a regulation A+ offering that enables members of the public to buy shares.
Knightscope, a US-based security robot developer backed by several corporates, is set to raise $20m in a regulation A+ public offering at a valuation of $80m, TechCrunch has reported.
Regulation A+, a legal framework introduced a year ago, is a crowdfunding campaign in which a private startup is allowed to offer equity shares. Any members of the public are able to purchase a stake in Knightscope by committing a minimum of $999.
Founded in 2013, Knightscope produces security robots (pictured)…