How much funding has Carnegie Foundry raised?

Carnegie Foundry has disclosed $10.3M raised across 1 round.

Where is Carnegie Foundry headquartered?

Carnegie Foundry is headquartered in Monroeville, US.

Carnegie Foundry

Monroeville, US · Pennsylvania LLC

Carnegie Foundry is a venture studio that builds companies at the intersection of AI, sensor technology, robotics, and signal processing, in partnership with Carnegie Mellon University's National Robotics Engineering Center. It turns high-value IP into autonomous robotics products for the energy, manufacturing, defense, construction, and healthcare industries, and has produced spinouts including VoxEQ, Freespace Robotics, and Thryve Labs.

AI & Machine LearningDeep TechRobotics

Founders & leadership

Edward OvandoExecutive

Michael LutzkyNamed on SEC filing

Anton PappNamed on SEC filing

Jean-Francois LegaultNamed on SEC filing

Karl SanchackNamed on SEC filing

Robert J SzczerbaNamed on SEC filing

Richard L. FruehaufNamed on SEC filing

Board

Jay LyengarInvestor Board Representative

Kevin LewisInvestor Board Representative

Herman HermanBoard director

Reported raises · per SEC filings

Form D private placements

$10.3M disclosed across 1 round · 2021

▶$10.3MraisedMar 2026 · 3 investors · Other Technology

Rule 506(b)

Officers, directors & promoters on the filing

Michael LutzkyExecutive Officer, Promoter
Edward OvandoExecutive Officer
Anton PappExecutive Officer, Promoter
Jean-Francois LegaultDirector, Promoter
Karl SanchackExecutive Officer, Promoter
Jay LyengarDirector
Robert J SzczerbaExecutive Officer, Director, Promoter
Kevin LewisDirector
Richard L. FruehaufExecutive Officer, Promoter
Herman HermanDirector

Offering amount: $20M
Amount sold: $10.3M
Minimum investment: $250K
Proceeds to insiders: $10K
First sale: Jun 2021
Incorporated: Limited Liability Company, Pennsylvania
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 1

by search overlap

The Foundry24 shared keywordsThe Foundry is a medical device incubator that identifies unmet clinical needs and builds companies around new technologies to address them, working with physician collaborators to develop products from concept to market. It operates a facility with office space, R&D and wet labs, chemistry development, a machine shop, and a clean room.

Companies competing with Carnegie Foundry for the same Google search keywords, organic and paid, via search-intersection analysis.

Frequently asked questions

What does Carnegie Foundry do?: Carnegie Foundry is a venture studio that builds companies at the intersection of AI, sensor technology, robotics, and signal processing, in partnership with Carnegie Mellon University's National Robotics Engineering Center. It turns high-value IP into autonomous robotics products for the energy, manufacturing, defense, construction, and healthcare industries, and has produced spinouts including VoxEQ, Freespace Robotics, and Thryve Labs.
How much funding has Carnegie Foundry raised?: Carnegie Foundry has disclosed $10.3M raised across 1 round.
Where is Carnegie Foundry headquartered?: Carnegie Foundry is headquartered in Monroeville, US.