Fundraising Fox

ESTAT Actuation

Pittsburgh, US · Founded 2019 · Delaware corporation · 1 known investors

Develops cutting-edge electroadhesive actuators for robots using Carnegie Mellon technology to reduce weight, size, and cost.

Founders & leadership

RE
Randall EgerNamed on SEC filing
SD
Stuart DillerNamed on SEC filing
CM
Carmel MajidiNamed on SEC filing

Board

ID
Ilana DiamondBoard directorManaging Partner, 412 Venture Fund LP at Monozukuri Ventures

Investors · 1

Reported raises · per SEC filings

Form D private placements

$1.8M disclosed across 2 rounds · 2021–2023

$866KraisedMar 2023 · 8 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Carmel MajidiDirector
  • Stuart DillerExecutive Officer, Director
  • Randall EgerDirector
  • Ilana DiamondDirector
Offering amount
$1.1M
Amount sold
$866K
First sale
Mar 2023
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$950KraisedSep 2021 · 5 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Ilana DiamondDirector
  • Randall EgerDirector
  • Stuart DillerExecutive Officer, Director
  • Carmel MajidiDirector
Offering amount
$1.2M
Amount sold
$950K
First sale
Sep 2021
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Non-dilutive funding · 5 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
Department of DefenseDefense Health ProgramPhase II2023$1.1M
Department of DefenseDefense Health ProgramPhase I2022$249.9K
National Science FoundationPhase I2020$225K
U.S. Air ForceAir ForcePhase IISTTR2020$100K
U.S. Air ForceAir ForcePhase ISTTR2019$25K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

Frequently asked questions

What does ESTAT Actuation do?
Develops cutting-edge electroadhesive actuators for robots using Carnegie Mellon technology to reduce weight, size, and cost.
Who are ESTAT Actuation's investors?
ESTAT Actuation's investors include Monozukuri Ventures.
How much funding has ESTAT Actuation raised?
ESTAT Actuation has disclosed $1.8M raised across 2 rounds.
Where is ESTAT Actuation headquartered?
ESTAT Actuation is headquartered in Pittsburgh, US.