Ava Robotics Raises $2.9M as Demand Grows for Telepresence Robots

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Story by TRR Editor

As reported in SEC Form D, Ava Robotics has sold $2.9 million out of a total $4 million securities and equity sale. Thus, $1.1 million remains to be raised. Ava Robotics emerged from “stealth mode” last spring.

Unlike other telepresence providers, which rely on remote operation, Ava Robotics has been working to add autonomous navigation to its robots. This would enable users to simply direct the Ava robot where to go, and it could find its own way to a destination.

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