US-based autonomous security system developer Knightscope has closed $25m in funding, consisting of $20m in a regulation A+ offering and $5m in related private placements from backers including imaging technology producer Konica Minolta.
The oversubscribed transaction also featured family office Bright Success Capital and more than 5,000 private investors. Knightscope had secured more than $15.9m in the offering as of September 2017.
The regulation A+ offering involved shares issued to backers who purchase a minimum of $999 worth of…
