Startup · $27m raised
Melbourne, VIC
Every investor coverage indicates participated in a round Andromeda Robotics raised.
| Investor | Rounds | Invested |
|---|---|---|
| Artesian VC | Series A | - |
| Dominic Price | Series A | - |
| Forerunner | Series A | - |
| Forerunner Ventures | Series A | - |
| Galileo Ventures | Pre-seed | - |
| Main Sequence Ventures | Series A | - |
| Purpose Ventures | Series A · Seed | - |
| Rethink Impact | Series A | - |
| Startmate | Series A | - |
| trampoline | Series A | - |
| Visible Ventures | Series A | - |
Companies Andromeda Robotics acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Andromeda Robotics. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Main Sequence's post explains why the firm invested in Andromeda Robotics, pointing to aged-care workforce shortages, resident loneliness, and early customer enthusiasm for the Abi companion robot.
Weekly roundup covering 19 Australian and New Zealand raises, headlined by Andromeda Robotics' $23m Series A, plus Freckle, Marloo, X-Hemp, Harvest B, Wable, Starboard and Techstars Sydney's 12-startup cohort.
Also SmartCompany
Andromeda Robotics raised a $23 million Series A led by Forerunner Ventures, valuing the Abi humanoid robot company at $100 million, with founder CEO Grace Brown relocating to San Francisco to hire Hollywood animators.
Also Startup Daily·SmartCompany·SmartCompany·Startup News (WA)
Year-in-review column on Australian AI in 2024: five startup raises, Canva buying Leonardo.ai, new government AI regulation and a parliamentary inquiry, the Cosmos AI trial backlash, and a national AI capability plan.
Also SmartCompany
Forbes Australia previews its Business Summit by profiling seven speakers, including the founders of RØDE, Lorna Jane, Updoc, Andromeda Robotics and Access Corporate Group, plus Oroton's CEO and an Olympic swimmer.
SmartCompany's rolling coverage of SXSW Sydney day two, recording Polymath's pre-seed raise and Build Club's recent funding, the Equity Clear launch, Startmate's Demo Day, and women-founded startup pitches at Google's event.
A profile of Andromeda Robotics founder Grace Brown, who built the Abi care robot for nursing homes, recounting its Startmate backing, seed round and other raises, and her ambition to build a billion-dollar company.
Roundup of nine local startups that together banked a combined $38m-plus this week, spanning precision instruments, proptech, adtech, robotics, food, energy storage and AI, with several earlier raises recalled.
Also Australian FinTech·Startup Daily·SmartCompany·AgFunderNews
Profile of Dragonfly Thinking after its win in Australia's first AI Sprint, covering its $300,000 support prize, accelerator experience and product plans, plus brief AI news including raises by TrueState and Andromeda Robotics.
Andromeda Robotics secured $3 million in seed funding from Purpose Ventures, which led the deal, to grow its aged-care companion robot Abi; Galileo Ventures provided an earlier pre-seed in 2023.
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Profile of Melbourne robotics maker Andromeda Robotics, whose Abi companion robot for healthcare settings is nearing break-even on modest backing, challenging claims that hardware startups are too costly to build locally.
Seven Australian startups together banked over $90 million in the past seven days across venue software, hydrogen aviation, social media, craft brewing, plastics alternatives, aged-care robotics and accountant training.
Also Startup Daily·Startup Daily·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Forbes Australia