Advanced Robotics
Early Stage
Exploring New Frontiers of AI
Analytics
Raised: $20,961
Aggregate Commitments $
Platform
StartEngine
Start Date
11/19/2021
Close Date
02/16/2022
Min. Goal
$9,999
Max. Goal
$1,000,000
Min. Investment
$100
Security Type
Equity - Common
Funding Type
RegCF
Series
Pre-Seed
Pre-Money Valuation
$2,495,700
Rolling Commitments $
Status
Active
Reporting Date
12/05/2021
Days Remaining
73
% of Min. Goal
210%
% of Max. Goal
2%
Likelihood of Max
Avg. Daily Raise
$1,310
Momentum
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Location
Pasadena, California
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
Advanced Robotics, with a valuation of $2.5 million, is raising funds on StartEngine. The company is developing an end-to-end robotic system that understands a patient’s health record and uses deep learning methodologies for an efficient pharmacy experience. The autonomous robot of Advanced Robotics can move in the pharmacy stores, is voice-activated, identifies patients through facial recognition, and dispenses the correct prescription. Dr. Yuliang Du founded Advanced Robotics in November 2020. The current crowdfunding campaign has a minimum target of $9,999.32 and a maximum target of $1,000,000.44. The campaign proceeds will be used for growth and expansion.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$5,002 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-20,926 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$6,340 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$6,340 |
$0 |
|
Short-Term Debt |
$7,406 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$7,406 |
$0 |
Financials as of: 11/19/2021
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