Fundraising FoxGrabit
Santa Clara, US · Founded 2011 · 2 known investors
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Grabit builds material-handling automation systems based on electroadhesion, a technology that uses electrostatic cling to grip and move a wide range of materials including fragile, flexible, and heavy objects. Its products serve manufacturing and logistics customers in sectors such as footwear, apparel, automotive, aerospace, and logistics.
Founders & leadership
HP
Harsha PrahladCo-Founder & Chief Technology and Products Officer
GM
Greg MillerPresident & CEO
RW
Ron WilderinkChief Financial Officer
Board
TB
HS
Han ShenBoard director
SS
Scott SeatonBoard director
MR
Matt RyanBoard director
Investors · 2
Reported raises · per SEC filings
Form D private placements$19.4M disclosed across 3 rounds · 2015–2018
▶$4MraisedJun 2018 · 1 investors · Other TechnologyRule 506(b)
▶$4MraisedJun 2018 · 1 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Haitao ZhangDirector
- Timothy JenksDirector
- Greg MillerExecutive Officer, Director
- Scott SeatonDirector
- Harsha PrahladExecutive Officer, Director
- Rich CaroneDirector
- Offering amount
- $9M
- Amount sold
- $4M
- First sale
- Jun 2018
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$4.8MraisedMar 2017 · 10 investors · Other TechnologyRule 506(b)
▶$4.8MraisedMar 2017 · 10 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Mike FawkesDirector
- Scott SeatonDirector
- Haitao ZhangDirector
- Harsha PrahladExecutive Officer, Director
- Greg MillerExecutive Officer, Director
- Offering amount
- $5.1M
- Amount sold
- $4.8M
- First sale
- Mar 2017
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$10.6MraisedJun 2015 · 11 investors · Other TechnologyRule 506(b)
▶$10.6MraisedJun 2015 · 11 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Harsha PrahladExecutive Officer, Director, Promoter
- Tom BaruchDirector
- Han ShenDirector
- Scott SeatonDirector
- Matt RyanDirector
- Offering amount
- $14.7M
- Amount sold
- $10.6M
- First sale
- Jun 2015
- Incorporated
- Corporation, Delaware, 2011
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Frequently asked questions
- What does Grabit do?
- Grabit builds material-handling automation systems based on electroadhesion, a technology that uses electrostatic cling to grip and move a wide range of materials including fragile, flexible, and heavy objects. Its products serve manufacturing and logistics customers in sectors such as footwear, apparel, automotive, aerospace, and logistics.
- Who are Grabit's investors?
- Grabit's investors include Plug and Play Ventures, M34 Capital.
- How much funding has Grabit raised?
- Grabit has disclosed $19.4M raised across 3 rounds.
- Where is Grabit headquartered?
- Grabit is headquartered in Santa Clara, US.