Waterloo Alumni-led company secures an additional $29 Million in funding for autonomous mobile robot platform
Congratulations to our alumni at Otto Motors, a division of Clearpath Robotics, who announced an additional $29 million (USD) Series C funding raise June 1st - led by the Kensington Private Equity Fund Private Equity Fund with participation from BMO Capital Partners, Export Development Canada (EDC), and previous investors iNovia Capital and RRE Ventures. This raise adds to the $54 million (USD) previously raised, for a total of $83 million (USD) in funding.