Aethon Raises $6.6M in a Round Led by Robert Bosch Venture Capital

Aethon, Inc., a Pittsburgh, PA-based developer of mobile robotics for hospital supply chain logistics, has raised $6.6m in a financing round led by Robert Bosch Venture Capital GmbH, which committed $5m. 
Existing investors Trident Capital, Pacific Venture Group, Salix Ventures, Ascension Health Ventures, Radius Ventures, Nexus Medical Partners, and Medicis Capital GmbH, also participated in the round.
The new capital will allow the company to accelerate its growth through sales expansion and new product development.
Aethon provides a broad range of departmental and hospital-wide applications that automate the movement of goods (such as medications, supplies, meals, equipment, etc.), improve asset utilization, and ensure regulatory compliance.
Bosch will assist the company with its engineering expertise as the Aethon continues to add new product extensions, grow production capabilities, and look for opportunities to embed its technology in the global healthcare marketplace.
FinSMEs
06/04/2010

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  • […] Led by President and CEO Aldo Zini, Aethon delivers goods and supplies in hospitals by using a smart autonomous mobile robot. It tracks deliveries in real time using a software system (MedEx™). Accordint to a note, the company is deploying over 400 TUG autonomous mobile robots, which are making more than 50,000 deliveries each week, in hospitals across the United States. In addition to Mitsui USA, Aethon had previously received investment funding from the Bosch Group and Trident Capital (read here). […]

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