ST Engineering, Aethon is a global autonomous mobile robotics company that is revolutionizing the movement of goods in healthcare and hospitality. With a focus on providing mobile robotics solutions to the healthcare and hospitality markets, the company engineers, sells, and supports solutions aimed at automating the transportation of goods and supplies. Based in Pittsburgh, PA, the organization's dedication to using robotic technology to automate material movement and delivery in order to enhance efficiency, labor utilization, and safety is evident in its products, which are designed and built in the United States. Aethon's operations in the US and Asia contribute to the company's autonomous mobile robot completing over 5 million deliveries annually in customer facilities worldwide. The company has received recognition in esteemed publications such as The Economist, The Wall Street Journal, Inc., CNBC, 60 Minutes, and Fox News, indicating its widespread impact. Additionally, Aethon's parent company, ST Engineering, is headquartered in Singapore. The last recorded investment in Aethon amounted to $3.36M in the form of a Convertible Note investment on 11 October 2015, reflecting investor confidence in the company's vision and potential for growth. As the company continues to expand and innovate within the Health Care and Logistics industries, it presents an exciting opportunity for venture capital investment.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Convertible Note | $3.36M | - | 11 Oct 2015 | |
Venture Round | $3.08M | 1 | Mitsui & Co | 09 Jan 2014 |
Venture Round | $6.98M | - | 12 Apr 2012 | |
Venture Round | $1.74M | - | 26 Jul 2011 | |
Venture Round | $2.00M | - | 30 Nov 2010 |
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