# Vecna Robotics: company

Canonical ID: `428e2ef1-3660-44d5-9e2e-6058e953982a`

## Key facts

- **Robot:** Self-driving forklifts, pallet jacks, and tuggers for material handling
- **Technology:** Pivotal orchestration engine coordinating vehicles with a 24/7 command center
- **Leadership:** CEO Craig Malloy; founder Daniel Theobald serves as chief innovation officer
- **Backers:** Series C initially $65M led by Tiger Global in 2022, closed at $100M in June 2024 with additional $40M equity and debt from Tiger Global, Proficio Capital Partners, and IMPULSE
- **Business model:** Offers an outcome-based performance guarantee; pricing and contractual terms are not publicly disclosed

- **Slug:** vecna-robotics
- **Status:** active
- **HQ:** Waltham, Massachusetts, US

## Models

- [Autonomous Pallet Jack](/models/vecna-autonomous-pallet-jack.md) (forklift) (id: `04de8d99-8788-41b4-bfaa-cf86ebbf8345`)

## Current leadership (2)

- [Daniel Theobald](/people/daniel-theobald.md) Founder (secondary-verified)
- [Craig Malloy](/people/craig-malloy.md) CEO (_reported, not verified_)

## Founders (1)

- [Daniel Theobald](/people/daniel-theobald.md) (sole)

## Partnerships (1)

- [Vecna Robotics x Big Joe](/partnerships/vecna-big-joe-cobot-pallet-jack.md) with Big Joe Forklifts _development_

## Supplies to

_No verified supply relationships on file. Supply-chain coverage is being added across the registry; check back as the seed populates this company's outbound edges._

_Outbound supply edges. Each appears when verified with at least two strong sources. Sources are append-only; corrections add new sources rather than rewrite history._

## Sources (3)

1. **Series C $65M, Tiger Global (primary release)** · https://www.businesswire.com/news/home/20220126005306/en/Vecna-Robotics-Announces-$65-Million-in-Series-C-Funding · 2022-01-26
2. **Series C closed at $100M, +$40M equity/debt (primary release)** · https://www.businesswire.com/news/home/20240620842548/en/Vecna-Robotics-Closes-%24100-Million-in-Series-C-Funding-to-Streamline-and-Automate-Warehouse-Workflows · 2024-06-20
3. **Independent coverage of the round** · https://www.therobotreport.com/vecna-robotics-announces-65m-in-series-c-funding/

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