Refraction AI, an Ann Arbor, MI and Austin, TX-based robotics startup, raised $4.2m in seed funding.
The round was led by Pillar VC with participation from eLab Ventures, Osage Venture Partners, Trucks Venture Capital, Alumni Ventures Group, Chad Laurans (founder of SimpliSafe), Invest Michigan, and others.
The company intends to use the funds for customer acquisition, geographic expansion and product development.
Founded in July 2019 and led by Luke Schneider, CEO,, Refraction AI is the creator of the REV-1, a low-cost, lightweight autonomous delivery robot. The Refraction REV-1 autonomous delivery robot enables restaurants, grocers and other retailers to conduct last-mile delivery operations.
Since its inception, Refraction AI has deployed the first application of its technology serving restaurants and grocery stores in its Ann Arbor, MI location.
FinSMEs
10/03/2021