Kiwibot, a robotic last-mile delivery service that has completed over 250,000 food deliveries with robots, has agreed what it describes as a “tailor-made” $10 million financing partnership with asset financing group kineo finance.
The agreement will help Kiwibot with its manufacturing and scaling needs, growing its robotic fleet and disrupting the delivery-as-a-service (DaaS) industry.
By removing the working capital barrier, this partnership will accelerate Kiwibot’s growth in the DaaS industry. kineo finance provides smart asset financing for startups while limiting dilution, so they can focus on growing the business. [Read more…] about Kiwibot secures $10 million in new funding