Anki founders L-R: Mark Palatucci, Boris Sofman and Hanns Tappeiner
The three amigos score again
If it’s got kid appeal, has anything to do with AI, and it can get to market quickly, then there’s investment aplenty knocking at your door.
Such is the envious tale from the founders of robotic startup Anki Inc., which just pulled in a JP Morgan-led investment of $52.5 million. Venture capital firms Andreessen Horowitz and Index Ventures and hedge fund Two Sigma also ponied up part of the investment. Anki’s coffers have now been twice lined with JP Morgan-led financing; in 2014, the San Francisco-based robot developer received $55 million.
Anki founders, Boris Sofman, Mark Palatucci, and Hanns Tappeiner (all are Carnegie Mellon grads) scored their first hit in 2013 with Drive (and now Overdrive), their lineup of robotic racecars and related mobile app and racetracks. The racecars attracted the attention of heavy hitters CEO Tim Cook of Apple, and Disney’s president Michael Ovitz, who soon became an advisor to the startup.
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