OffWorld
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OffWorld - overview
Established
2016
Location
Altadena, CA, US
Primary Industry
Software
About
Based in California, US, and founded in 2016, OffWorld operates as a developer of robotics designed for industrial jobs on Earth, the Moon, asteroids, and Mars. In March 2022, OffWorld raised venture debt funding in a Simple Agreement for Future Equity (SAFE) with Starbridge Venture Capital. As of 2023, the company is led by its CEO Jim Keravala and the firm is having an employee count of more than 70 employees across its four locations. The products offered by the firm include industrial robots which are capable of heavy lifting and include autonomous navigation, collision avoidance, and machine learning.
The robots offered by the firm are Surveyor which can be used for maps and surveys, excavator which could be used for selective material extraction, collector which can be used for collecting selective material, Hauler which could be used as a transporter, and Dozer which could be used for clearing the way. The firm also offers a Swarn robotics system which allows the robot operations in extreme environments. The firm plans to use the funding for scaling production and transitioning to product and system leases. The firm targets to generate revenue between USD 160 million and USD 250 million by the year 2026.
Current Investors
Starbridge Venture Capital
Primary Industry
Software
Sub Industries
Aerospace, Automobiles, Other Vehicles & Parts, Electronics, Engineering Software
Website
www.offworld.ai
Verticals
Artificial Intelligence, Cloud Computing, Robotics
Total Amount Raised
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