An infrastructure-focused tech startup that spun out of Carnegie Mellon University nine months ago is closing on $1 million in its first capital raise, bringing new investors to the region including a pair of venture capital firms.
RoadBotics developed roving sensor platforms to collect data on roads. RoadBotics employs nine at present and will add at least two by year-end. The venture capitalists are Miami-based Urban Us and Chicago-based Ekistic Ventures LLC. RoadBotics also drew support from Wharton Alumni Angels, in Los Angeles and Silicon Valley.