Petra

Easy and affordable utility undergrounding

General Information
Company Name
Petra
Founded Year
2020
Location (Offices)
San Francisco, United States +1
Founders / Decision Makers
Number of Employees
75
Industries
Robotics
Funding Stage
Series Unknown
Social Media

Petra - Company Profile

Petra is a robotics startup that aims to revolutionize underground utility infrastructure with its slogan "Easy and affordable utility undergrounding." Founded in 2020 and based in the United States, Petra has gained attention for its innovative approach to addressing the challenges associated with undergrounding utilities. The company's focus on developing the first practical and affordable undergrounding robot capable of boring utility tunnels through high-grade hard rock in disaster-prone areas sets it apart in the industry. The most recent milestone for Petra was its Venture Round investment on 16 June 2022, which garnered support from Big Sky Partners and Tekfen Ventures. This investment demonstrates the confidence these investors have in Petra's vision and technology, indicating the potential for significant growth and impact in the robotics sector. With its mission to promote safety and accessibility by making utility undergrounding ubiquitous and affordable across communities, Petra is poised to make a meaningful contribution to infrastructure development and disaster prevention.

Taxonomy: Robotics, Undergrounding technology, Utility tunnels, Disaster mitigation, Hard rock boring, Critical utilities, Geotechnical engineering, Safety technology

Funding Rounds & Investors of Petra (3)

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Funding Stage Amount No. Investors Investors Date
Venture Round Unknown 2 16 Jun 2022
Series A $30.00M 8 09 Dec 2021
Seed Round $3.00M 1 05 Oct 2018

Latest News of Petra

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No recent news or press coverage available for Petra.

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