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Modbot Inc. makes robotic systems that automate manufacturing processes to improve efficiency and precision.
Founded in 2013 by Adam Ellison and Daniel Pizzata and based in San Francisco, US, Modbot sells robotic arms, automation software and integration systems to manufacturers in automotive, electronics and consumer goods. Revenue comes mainly from direct sales, plus maintenance and upgrade services. The company raised USD 4.00 mn in a Seed round led by Visionnaire Ventures on October 17, 2018, with AME Cloud Ventures, Autodesk, Eclipse Ventures and Morado Ventures also investing.
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