Vecna Robotics

Current leadership (3)

• Karl Iagnemma CEOreported, not verified
• Daniel Theobald Foundersecondary-verified
• Craig Malloy CEOreported, not verified

Founders (1)

• Daniel Theobaldsole

See all founders across the registry →

Safety record

No incidents on record for Vecna Robotics.

Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.

Peer companies

• Balyo1 model
• Fox Robotics1 model
• Kalmar1 model
• Third Wave Automation1 model
• VisionNav Robotics1 model

Financial state

Reporting basis

private_reported

Lifecycle stage

growth

Counterparty risk class

low

Each numeric field carries its own basis marker. Aggregators report a number; this surface preserves the source class so verification depth travels with the value.

Partnerships (1)

• Vecna Robotics x Big Joe with Big Joe Forkliftsdevelopment

Recent activity

Every change to this record is dated, sourced, and independently verified where marked.

• Record createdJun 23, 2026

  Added to the verified registry

Full change 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/ ↗

Common questions

What is Vecna Robotics?

American material-handling automation company headquartered in Waltham, Massachusetts, focused on self-driving forklifts, pallet jacks, and tuggers coordinated by its Pivotal orchestration engine and a round-the-clock command center. Led by CEO Craig Malloy, with founder Daniel Theobald serving as chief innovation officer. Announced a $65 million Series C led by Tiger Global Management in 2022, then closed that round at $100 million in June 2024 with an additional $40 million of equity and debt, with Tiger Global, Proficio Capital Partners, and IMPULSE participating. Markets an outcome-based performance guarantee; specific deployment pricing and the contractual terms of the guarantee are not publicly disclosed.

What does Vecna Robotics make?

Vecna Robotics has 1 robot model on the DEPLOY registry: Autonomous Pallet Jack (Vecna Robotics builds both physical robots and the AI that runs them).

Who competes with Vecna Robotics?

On the DEPLOY registry, peer companies to Vecna Robotics building in the same form factors include Balyo, Fox Robotics, Kalmar, Third Wave Automation.

Who is the CEO of Vecna Robotics?

Karl Iagnemma is the ceo of Vecna Robotics, per the DEPLOY registry.

Where does Vecna Robotics operate robots?

Vecna Robotics is a robot manufacturer and does not directly operate deployments on the DEPLOY registry. Its products are deployed by customer operators; see the company page for the verified deployment record.