Goodwin Advises Foundry Robotics on its $100 Million Series A Financing and Acquisition of Avea Robotics
Goodwin advised Foundry Robotics (“Foundry”) on its $100 million Series A financing. The funding round was led by Marlinspike Partners with participation from Khosla Ventures, Red Glass Ventures, Wing VC, Axiom Ventures, Hanabi, and Zero Shot Fund, among other investors.
Foundry is an AI-first, assembly-focused contract manufacturer building software-defined, adaptive robotic systems designed to reshape American manufacturing and is based in Emeryville, California.
In addition, Goodwin also advised Foundry in its acquisition of Avea Robotics, a robotics software company whose Sentinel platform enables real-time remote control of robots.
The Goodwin team advising on the Series A financing included John Casnocha, Monica Devlin, Amanda Sear, Sam Boomgaarden, and Amanda White.
The Goodwin team advising on the acquisition of Avea Robotics was led by John Casnocha, Andrew Schipper, and Amanda Sear.
For more information on the deals, please read Foundry's financing announcement on LinkedIn and its acquisition announcement on LinkedIn.