Announced

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Bow Capital led a $20m Series A round in GrayMatter Robotics.

Synopsis

Bow Capital, an investment company, led a $20m Series A round in GrayMatter Robotics, an industrial robotics firm, with participation from Swift Ventures, B Capital Group, OCA Ventures, Calibrate Ventures, Pathbreaker Ventures, and 3M Ventures . “There are about 9,000 robots compared with more than 1.5 million people involved with surface treatment in the U.S., but the latter is shrinking. We received investment because we've developed solutions with real commercial value, we're not just building technology for the sake of building technology,” Ariyan Kabir, GrayMatter CEO.

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