🦄 Welcome a New Unicorn: Gecko Robotics!

Gecko Robotics announced that it raised $125M in a Series D round, pushing its valuation to $1.25B!

Founded by Armenian-American Jake Loosararian from a college dorm room 12 years ago, Gecko Robotics turned into a billion dollar company, with AI and robotics transforming the built world. The company has raised $347M to date from investors including Cox Enterprises (lead), USIT, XN, Founders Fund, and Y Combinator.

The Series D funding round was led by new investors, Cox Enterprises, with continuing investors USIT, XN, Founders Fund and YCombinator.

Congratulations to the entire Armenian startup ecosystem as another startup founded by an Armenian founder joined the Unicorn League!

Sources: CNBC, Gecko Robotics
Photo Credit: Gecko Robotics' LinkedIn post.

#GeckoRobotics #Unicorn #JackLoosararian #SuccessStory #ArmenianEcosystem

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