On December 11, 2018, Robotiq announced that it would receive a total investment of $31 million from Boston-based investment firm Battery Ventures to support and propel its growth. Robotiq is a Lévis, Quebec-based company that specializes in the manufacturing of robotic hands, sensors, vision systems and robotics software.
This is the company's first round of institutional financing. This investment marks a step forward for Robotiq, a robotics company that has been growing significantly since its founding in 2008. This investment will be used, among other things, to consolidate Robotiq's current market, in addition to financing the opening of an office in Europe and continuing the creation of innovative products in Québec.
A Fasken team composed of Carl Tremblay and Vincent Laforest-Lapointe represented Robotiq in this investment.
