Corporate VC

iRobot Ventures

Investment Details

Investor Type
Corporate VC

Asset Class Focus
Venture Capital

Stage Focus
Seed, Early Stage

Geographical Focus
United States

Industries Focus

  • Consumer Technology
  • Computer Vision
  • Service-Based Business Models
  • Cloud Services & Infrastructure
  • Localization & Mapping
  • Machine Learning & Artificial Intelligence
  • Robotic Mobility & Manipulation

Investment Size:
1,000,000 to 5,000,000 USD

Investor Details

iRobot Ventures is the corporate venture capital arm of iRobot Corporation, focusing on early-stage investments in companies developing technologies and products that align with iRobot's strategic interests. The firm seeks applications adjacent to iRobot's core business or representing new market opportunities, participating in the early stages of the innovation lifecycle. iRobot Ventures is geographically agnostic, investing in consumer technology, service-based business models, cloud services and infrastructure, computer vision, localization and mapping, machine learning and artificial intelligence, and robotic mobility and manipulation. The firm aims to generate both strategic and financial returns, providing value to entrepreneurs by facilitating access to iRobot's engineering and operations resources, as well as a network of external service providers, investors, and operators. iRobot Ventures has a history of syndicating with top-tier VC firms and corporate investors, making rapid investment decisions, embracing standard terms, and not seeking special treatment or control. The firm has been involved in several exits and acquisitions, reflecting its active role in the venture capital landscape. The team includes professionals such as Hanns Anders, Investment Director; Anders Bialek, VP of Corporate Development; and Chris Jones, CTO, who bring a wealth of experience and expertise to the firm's investment activities. iRobot Ventures continues to support innovative companies that are at the forefront of technological advancements, contributing to the growth and diversification of iRobot's business portfolio.

The firm's investment strategy is centered on identifying and nurturing early-stage companies that are developing cutting-edge technologies and products with the potential to complement or enhance iRobot's existing offerings. By focusing on areas such as consumer technology, cloud services, and machine learning, iRobot Ventures aims to stay ahead of industry trends and maintain a competitive edge in the robotics and consumer products sectors. The firm's approach is characterized by a commitment to rapid decision-making, standard investment terms, and a collaborative partnership model that emphasizes mutual benefit and shared success. iRobot Ventures' involvement in various exits and acquisitions demonstrates its ability to identify promising startups and support their growth, leading to successful outcomes for both the firm and its portfolio companies.

Through its strategic investments, iRobot Ventures plays a crucial role in advancing iRobot's mission to deliver innovative and practical robotic solutions to consumers worldwide. The firm's focus on early-stage companies allows it to tap into emerging technologies and market opportunities, fostering a culture of innovation and continuous improvement within iRobot. By leveraging its extensive network and resources, iRobot Ventures provides valuable support to entrepreneurs, helping them navigate the challenges of bringing new products to market and scaling their businesses effectively. The firm's track record of successful investments and partnerships underscores its expertise and commitment to driving growth and innovation in the robotics industry.

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