Massachusetts awards RISE Robotics $100K grant for actuator tech
RISE Robotics received a $100,000 non-dilutive grant from MassVentures, part of the state’s START program. The funding supports the commercialization of its Beltdraulic technology, designed for robotic systems. The award follows competitive selection by the Commonwealth of Massachusetts.
Sources: markets.businessinsider.com · finance.yahoo.com
“Non-dilutive state grants like this remain a rare but critical lifeline for hardware startups, which often struggle to attract traditional VC funding before proving commercial viability.”
Read the original reporting
The outlets below did the original reporting.
- RISE Robotics Awarded $100,000 MassVentures Grant to Accelerate Commercialization of Beltdraulic Technology — markets.businessinsider.com
- RISE Robotics Awarded $100,000 MassVentures START Grant to Commercialize Beltdraulic™ — finance.yahoo.com
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