Renu Robotics
Regulation Crowdfunding offering on MicroVenture Marketplace
$73,795
of $1.07M goal
6.9% funded
About the offering
Renu Robotics, a San Antonio, Texas-based robotics company, aims to help utility providers save on maintenance costs by providing fully autonomous robotic mowers for solar farm facilities. Currently, the company has 16 non-disclosure agreements (NDAs) in place, as well as seven letters of interest (LOIs) with solar energy providers to potentially provide robotic mowers to solar farms. In December 2019, the company shipped its first RenuBot mower units and charging stations to a major energy provider and was accepted into Capital Factory’s VIP Accelerator. Renu Robotics is raising capital to continue the production of its first product, RenuBot, a fully autonomous mower, while continuing development on potential products that include specialized maintenance systems and agricultural industry-specific autonomous machines.
FAQ
How much has Renu Robotics raised?
Renu Robotics has raised $73,795 of a $1.07M goal.
Where is Renu Robotics's campaign listed?
The offering is listed on MicroVenture Marketplace, an SEC-registered Reg CF intermediary.
What are the terms of Renu Robotics's raise?
Crowd Note, $13.2M cap, 20% discount.
When does Renu Robotics's offering close?
The stated close date is Feb 3, 2020.