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Avidbots Corp. logo — Work smarter. Aim higher. Reach further: That’s automation a...

Avidbots Corp.

Work smarter. Aim higher. Reach further: That’s automation at work

Founded 2014 Canada Kitchener, Canada 208 employees Series D Total: $106.51M AI, Computer Vision +3

General Information

Company Name Avidbots Corp.
Founded Year 2014
Location Canada Kitchener, Canada
Employees 208
Industries AI, Computer Vision, Hardware +2
Funding Stage Series D
Social

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About Avidbots Corp.

Avidbots Corp. is a robotics and automation company with the slogan "Work smarter. Aim higher. Reach further: That’s automation at work." Since its establishment in 2014 in Canada, the company has been committed to expanding humanity’s potential through its cutting-edge technology. Avidbots specializes in designing and manufacturing autonomous cleaning robots such as Neo, Neo 2W, and the latest addition, Kas. These robots are instrumental in raising and maintaining cleanliness standards in commercial and industrial facilities while promoting productivity and efficiency. The company’s most recent achievement is the development of Kas, which is specifically designed to cater to the demands of busy commercial environments. This innovative robot boasts improved performance in tight spaces, prioritizes safety, and features a futuristic design that enhances its surroundings. Avidbots is dedicated to providing tailored solutions for its customers across various sectors including retail, healthcare, education, and transportation to ensure that organizations can reach their full potential. Notably, Avidbots secured a significant $70.00M Series C investment on 27 September 2022, which speaks to the confidence of investors in the company's vision and capabilities. The investment was led by a consortium of notable firms including Golden Ventures, SOSV, HAX, True Ventures, Eastward Capital Partners, Jeneration Capital Management, Kensington Capital Partners, BMO Capital Markets, Nicola Wealth Management, and BDC Capital Corporation. This injection of capital is expected to further propel Avidbots in its mission to revolutionize the robotics and automation industry, ultimately driving progress and efficiency in global workplaces.

Taxonomy: robotics, autonomous cleaning technology, cleanliness standards, commercial facilities, industrial facilities, productivity, innovation, safety, tailor-made solutions, technology, cleaning robots

Funding Rounds & Investors (12)

View All
Funding Stage Amount Investors Lead Investors Date
Series D Undisclosed 2
SOSV HAX
SOSV, HAX
10 Jun 2024
Convertible Note Undisclosed 2
SOSV HAX
SOSV, HAX
02 May 2024
Series C $70.00M 10
Golden Ventures SOSV GGV Capital
Golden Ventures, SOSV +8
27 Sep 2022
Convertible Note Undisclosed 1
SOSV
SOSV
01 Nov 2021
Series B $23.60M 9
Real Ventures SOSV 500 Startups
Real Ventures, SOSV +7
21 Mar 2019
Series A $3.00M 1
GGV Capital
GGV Capital
01 May 2018
Seed Round $3.60M 2
SOSV HAX
SOSV, HAX
05 Jan 2018
Seed Round $3.80M -
08 May 2017
Seed Round $1.50M 1
SOSV
SOSV
22 Feb 2016
Seed Round $750.00K -
01 Feb 2015

View All 12 Funding Rounds

Avidbots Corp. Alternatives & Competitors

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Avidbots Corp. vs
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Avidbots Corp. vs
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Avidbots Corp. vs
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FAQ About Avidbots Corp.

Work smarter. Aim higher. Reach further: That’s automation at work
Avidbots Corp. was founded in 2014.
Avidbots Corp. is headquartered in Kitchener, Canada.
Avidbots Corp. operates in AI, Computer Vision, Hardware, Manufacturing and Robotics. Its work centres on robotics, autonomous cleaning technology, cleanliness standards and commercial facilities.
Avidbots Corp. has approximately 208 employees.
Avidbots Corp. has completed 12 funding rounds, raising a total of $106.51M. The latest funding stage is Series D.
Top alternatives and competitors to Avidbots Corp. include KEMARO AG, LionsBot International, Ritter UVC, Dynamic Division, 深圳甲壳虫智能有限公司. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Avidbots Corp. and KEMARO AG are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Avidbots Corp., https://bouncewatch.com/company/avidbots-corp, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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