Modu Tech Secures $4.4 Million in Latest Pre-Seed Funding Round

Modu Tech secured $4.4 million in its latest Pre-Seed, adding another data point to the Robotics funding market.

Modu Tech Raises $4.4 million in Funding

Modu Tech raises $4.4M pre-seed for tactile sensing tech. To be posted on or after July 7, 2017, on FedBizOpps (FBO) website: The due date for submission of proposals in response to the RFP is anticipated to be on or about September 12, 2017.

Investors Behind the Funding

The round was backed by Minnesota. Capvizr tracks this investor activity alongside sector momentum, co-investor patterns, and recent comparable raises.

Company Profile and Market Context

Modu Tech operates in Robotics. Modu Tech's financing adds to recent private-market activity.

Strategic Use of Funds

Develop a portable, one-step sensing device that could quickly diagnose diseases, bacteria, viruses, and spores by analyzing blood, urine and saliva.

Looking Ahead

Modu Tech raises $4.4M pre-seed for tactile sensing tech

Source reference: original announcement/article.