Persimmon Technologies Secures $2,000,000 Series B Financing Round

  • Feed Type
  • Date
    1/15/2013
  • Company Name
    Persimmon Technologies
  • Mailing Address
    200 Harvard Mill Square Wakefield, MA 01880
  • Company Description
    Persimmon’s vision is to build the largest vacuum robotics company serving the Semiconductor, LED and Solar markets by 2020 in addition to growing Nidec Sankyo’s atmospheric robot business to the top market position by 2020.
  • Website
    http://www.persimmontech.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $2,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The new funding will help Persimmon expand its vacuum robotics product portfolio, invest further in the development of its Hybrid-Field Motor Technology, expand global distribution, and ramp manufacturing operations.
  • M&A Terms
  • Venture Investor
    Intel Capital
  • Venture Investor
    The Bernard M. Gordon Charitable Remainder Trust