Venture capitalist Brad Feld continues to advance the evolution of Colorado’s tech ecosystem with his most recent investment in Modular Robotics. Feld’s VC firm, Foundry Group, recently invested $3 million in the maker of robot construction kits for children. The cash will allow the start-up to expand its facilities and increase its order fulfillment capacity.

“I believe the machines have already taken over and are just patiently waiting for us to catch up with them. As part of this, every kid should learn how to program, create things, and work with robots. ModRobotics plans to be an integral part of that,” Brad Feld, Foundry Group Co-Founder

Feld has previously invested in robotics companies such as Orbotix…

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Casey Nobile

Casey Nobile is the lead editor for Robotics Business Review’s RBR50 news, editorial and business segment. She is also contributing writer and editor for the publication’s News & Technology columns with special emphasis on breaking news coverage for science, technology and financial transactions. Casey is also editor and contributor for other in-house publications: Robotics Trends; RoboBusiness and RoboBusiness exhibit services.