Tombot raises $7m to bring its robotic dog Jennie to market
Tombot, a Los Angeles-area company that makes a robotic dog for people who cannot keep a real one, has closed a $7m Series A3 financing round to move its flagship product from development into manufacturing.
The company said on June 24 that the round drew investment from Caduceus Capital Partners, Wavemaker 360, the Lutheran Foundation for Long Term Living, and Florida Community Health Network, a mix of healthcare and aging-services backers rather than the usual consumer-tech names.
The money is meant to carry Tombot through to a planned launch in the autumn. The company says the financing will let it scale manufacturing, expand operations, and accelerate commercialisation ahead of a Fall 2026 customer launch, its first shipments to paying buyers.
It also says it has already taken more than 23,000 pre-orders and waitlist sign-ups for the product, a number it offers as evidence of demand before a single unit has...
Copyright of this story solely belongs to thenextweb.com. To see the full text click HERE
