Aethon Receives $3.0M Investment

Aethon_LogoAethon, a Pittsburgh, PA-based developer of autonomous mobile robots for hospitals and health systems, received a $3.0m investment.

Backers included Mitsui & Co. (U.S.A.), Inc., a wholly owned subsidiary of Mitsui & Co., Ltd., an international trade and investment company. Mitsui USA had initially invested $4.0m in growth capital in April 2012.

The company intends to use the funds to expand its US-based sales force, increase marketing and business development efforts in foreign markets.

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).



Join the discussion