North is a Canadian startup founded in 2012, specialized in Consumer Electronics, Consumer Goods, and Robotics. The company made waves in the industry and drew the attention of major investors such as Initialized Capital, Fidelity, Intel, and Amazon, securing a $40.00M Convertible Note investment in March 27, 2019. However, the most significant development for North came in 2020 when the company was acquired by Google. This buyout not only marks a pivotal moment for North but also signifies Google's strategic interest and investment in the consumer electronics and robotics sectors. This acquisition is a testament to North's innovation and technological prowess, as it caught the attention of a tech giant like Google. It also holds the potential to drive further advances and breakthroughs in these industries with the backing and resources of Google.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Convertible Note | $40.00M | 4 | Intel, Amazon | 27 Mar 2019 |
Grant | $24.00M | 1 | Strategic Innovation Fund | 13 Nov 2018 |
Series B | $120.00M | 8 | 19 Sep 2016 | |
Venture Round | Unknown | 2 | Employee Stock Option Fund | 22 Mar 2016 |
Series A | $14.50M | 4 | Acequia Capital (AceCap) | 05 Jun 2013 |
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