Gecko Robotics Raises $73M in Series C Funding

Gecko Robotics
A closeup of a Gecko TOKA 4 robot climbing a tank.

Gecko Robotics, a Pittsburgh, PA-based leader in robotics and industrial asset management software, raised $73m in Series C funding.

The round was led by XN with participation from Founders Fund, XYZ, Drive Capital, Snowpoint Ventures, Joe Lonsdale, Mark Cuban, Gokul Rajaram, and others.

The company intends to use the funds to continue to expand operations and its development efforts.

Co-founded by Jake Loosararian (CEO) and Troy Demmer (Chief Product Officer), Gecko provides wall-climbing robots and enterprise software focusing on essential industries such as power generation, oil and gas, heavy manufacturing, and defense. The company’s robots capture data at scale and fidelity, climbing pipelines, boilers, tanks, ship hulls, and much more in search of damage, no matter how subtle. Gecko’s software, in turn, enables human experts to contextualize that data and translate it into action.

Gecko also has offices in Houston, Austin, New York City, Boston and Europe.

FinSMEs

03/03/2022