Earth Robotics
About this raise
Earth Robotics, with a valuation of $17.13 million, is raising funds on StartEngine. The company aims to use fully-automated robotic technology to automate food delivery inside residential buildings. The patented robotic system of Earth Robotics is complete, and it has launched its first pilot robot and signed more contracts and LOIs. Earth Robotics has also created its MicroHubs to hold the parcels until the person decides to get them delivered. Ismael Emacha and Amir Emacha founded Earth Robotics in August 2020. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $1.23 million. The campaign proceeds will be used for research and development, inventory, company employment, and working capital.
Investment Overview
Invested : $134,229
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 02/27/2023
- Close Date
- 07/06/2023
$14,998
$1,234,998
$249
Equity - Common
Early Stage
RegCF
$2.35
$17,128,668
Company & Team
Company
- Year Founded
- 2020
- Industry
- Logistics, Delivery, & Supply Chain
- Tech Sector
- Distribution Model
- B2B
- Margin
- Medium
- Capital Intensity
- High
Financials
-
Revenue
-
$0
as of FY2021
- Monthly Burn
-
$51,166
as of FY2021
-
Runway
-
0.1 months
as of FY2021
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $450,005
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 07/06/2023 | StartEngine | $17,128,668 | $134,229 | Equity - Common | Funded | RegCF |