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Harvest Automation has taken in $2.5 million in a combined debt and warrants offering, the Billerica robotics firm noted in a regulatory filing.
The company focuses on developing robots to automate manual labor jobs, predominantly in agriculture.
Aside from Harvest Automation CEO Charles Grinnell and CTO Joe Jones, the filing lists as related persons Eric Paley, managing partner at Founder Collective, and Fouad Azzam, general partner, Life Sciences Partners.
Harvest Automation was founded by ex-iRobot Corp. employees — Roomba inventors Joseph Jones and Paul Sandin, and Roomba engineer Clara Vu — in 2007, under the name QRobotics. The company’s CEO, Charles Grinnell, spent 10 years in an operations role at DEKA Research & Development Corp.
In May 2010, the company moved from Groton to its Billerica headquarters, which houses engineering, light assembly manufacturing, and sales and marketing.
Harvest Automation took in its $4 million Series A funding round in December 2009 from the Massachusetts Technology Development Corporation, Life Sciences Partners and Cultivian Ventures (formerly Midpoint Food and Ag Fund). It then added another $1.3 million to the round in September 2010 from Founder Collective.
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