Brooklyn-based construction robotics startup Toggle gets $3M seed fund

TechCrunch | 10/15/2019 | Staff
joseph76 (Posted by) Level 3
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Toggle, a Brooklyn-based robotics startup, announced today that it scored $3 million in seed funding. The early-stage round was led by Point72 Ventures’ AI Group, with participation from Mark Cuban and VC Twenty Seven Ventures. The series follows a 2018 pre-seed round of $570,000 from its Urban-X accelerator, Urban Us, Accelerate NY / Empire State Development and Perl Street Capital.

The 15-person startup creates robotics that fabricate and assemble rebar. It’s designed to work in tandem with existing robotics and steel fabrication technologies, while speeding up the process up to 15 times, by the company’s count.

Toggle - Launch - Range - Projects - New

Toggle has already begun a soft launch “for a wide range of projects in New York...
(Excerpt) Read more at: TechCrunch
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