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FinTech Series A Founded 2015

Shakepay

Perrone Robotics is a developer of autonomous vehicle technology and retrofit kits for passenger and cargo transport applications. The company's flagship product, TONY, is a vehicle-independent autonomous driving kit that can be deployed as a retrofit or turnkey solution across diverse vehicle platforms and manufacturers. TONY supports geo-fenced autonomous operations for last-mile shuttles, high-capacity buses,…

📍 Montreal, Canada · Cryptocurrencies,

Funding snapshot

Last roundSeries A
Amount$35M
Date22 December 2021
Total raised$35M
Team size90

About

Perrone Robotics is a developer of autonomous vehicle technology and retrofit kits for passenger and cargo transport applications. The company's flagship product, TONY, is a vehicle-independent autonomous driving kit that can be deployed as a retrofit or turnkey solution across diverse vehicle platforms and manufacturers. TONY supports geo-fenced autonomous operations for last-mile shuttles, high-capacity buses, cargo vehicles, and specialty vehicles in downtown corridors, campuses, parks, and logistics hubs. The TONY AV Kit has been enhanced with Generative AI for smarter real-time decision-making and precision handling of edge cases. The company also offers the TONY ADAS Kit for advanced driver assistance. TONY and MAX, the company's robotics operating system, are protected by multiple patents in the United States and Canada. Founded in 2001 and headquartered in Charlottesville, Virginia, Perrone Robotics has raised $10 million in Series B funding from investors including Intel Capital, CapStone Holdings, and GameAbove Mobility.

Business model

Cryptocurrencies > Financial Services > Payments > Consumer Payments > Payment Cards > Debit Cards

Founders & team highlights

Founder with Prior Acquisition,

Serial Founder

Team background

Top Rated Teams > Serial Entrepreneur

Institutional investors

QED Investors Boost VC BoxOne Ventures Golden Ventures Broadhaven Capital Partners Jevon MacDonald Mark MacLeod Mike Murchison Farhan Thawar Henri Machalani Daniel Debow Henri-Charles Machalani Richard Btaiche

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