Innovative robotics company has pioneered an efficient, scalable process to build modular robotic platforms that serve customers by automating dangerous, labor-intensive tasks

Cubit Capital leads round joined by The Idea Fund Partners, Danu Venture Group, and Y Combinator's Growth Fund

CHARLOTTE, N.C., May 8, 2024 /PRNewswire/ -- Lucid Bots Inc., an industry leader in cutting-edge robotics for labor-intensive tasks, announced today that it has raised $9.1M in Series A funding led by Cubit Capital, with participation from Idea Fund Partners, Danu Venture Group, and existing investors that include Y Combinator's Growth Fund and Gratus Capital. Lucid Bots will utilize the funding to advance its portfolio of autonomous robotic solutions, including its flagship Sherpa cleaning drone and Lavo Bot pressure washing robot products, while rapidly scaling its operations and team to better serve its growing customer base and expand its platform into new markets.