WilmerHale Reps Soft Robotics in Venture Financing

WilmerHale Reps Soft Robotics in Venture Financing

News

On December 17, 2015, Soft Robotics Inc., a robotics company designing pneumatic grippers and control systems to automate bin picking, order fulfillment, and other material handling tasks, announced the closing of an initial $3 million tranche of its Series A financing. The round is being led by Material Impact Fund, Haiyin Capital and Taylor Ventures. The December 2 closing also included the conversion of $1.5 million in existing convertible notes.

The WilmerHale team that represented Soft Robotics Inc. in this financing was led by Partner Dave Gammell and included Associates Avery Reaves and Colin Beauvais.

Soft Robotics' press release is available online.