What is Megabots?
MegaBots, Inc. is renowned for translating science fiction into tangible experiences, most notably by producing the USA vs. Japan giant robot duel. The company has developed the MegaBots Battle Arena, a mobile gaming platform that allows users to customize and engage in robot battles, simultaneously contributing to the funding of real-world robotic creations. As a leader in giant robot technology, MegaBots is actively innovating with designs like a cost-effective and powerful hybrid robot. Beyond its technological advancements, MegaBots also offers opportunities for booking its giant robots for public appearances and engages in merchandise sales, broadening its brand reach.
How much funding has Megabots raised?
Megabots has raised a total of $4.4M across 2 funding rounds:
Angel/Seed
$554K
Debt
$3.9M
Angel/Seed (2015): $554K, investors not publicly disclosed
Debt (2016): $3.9M led by AME Cloud Ventures, Autodesk, Maveron, and Azure Capital Partners
Key Investors in Megabots
AME Cloud Ventures
AME Cloud Ventures is a venture fund led by Jerry Yang, co-founder of Yahoo!, focusing on seed to later stage companies that build infrastructure and value chains around data. The firm invests in technology-heavy companies that gather or create unique data across various stages of the data stack, from infrastructure to applications.
Autodesk
Autodesk is a global design software and services company that develops and markets specialized software solutions across architecture, engineering, construction, manufacturing, and media and entertainment industries.
Maveron
Maveron is a consumer-only venture capital firm that partners with innovative entrepreneurs to transform consumer experiences and industries, focusing on early-stage consumer brands that prioritize human behavior and technological disruption.
What's next for Megabots?
With the recent infusion of major strategic investment, MegaBots is poised to further solidify its leadership in giant robot technology. The company's focus on developing innovative designs, such as its hybrid robot, alongside its unique blend of gaming and real-world robotics, positions it for significant growth. The enterprise-level funding suggests a strategic push towards scaling operations, enhancing the MegaBots Battle Arena platform, and potentially expanding the scope of real-life robot combat events. This capital injection is critical for advancing their ambitious vision of making giant robot combat a mainstream spectacle.
See full Megabots company page
