The following appears on siliconangle.com
Robocop startup Knightscope launches $20M crowdfunding campaign
BY MIKE WHEATLEY – Knightscope Inc., which builds security robots that are already out on patrol in malls and hospitals in the Silicon Valley area, is launching a crowdsourced “mini-IPO” in which it aims to raise $20 million in funding.
https://youtu.be/UtuLB2duq2E
The Mountain View, California-based company is using the Seedinvest platform to launch its campaign, after having previously raised $14.76M in five Rounds since being founded back in 2013 from investors including Plug and Play, Konica Minolta, QueensBridge Venture Partners and Bright Success Capital. To date, more than 2,000 potential investors have registered interest totaling some $65 million in the venture, the company said.
Knightscope can make its offering thanks to the implementation of last year’s Regulation A of the JOBS Act, which allows startups to raise up to $50 million by offering private stock for sale to the public. Previously, only wealthy investors could make this kind of startup investment.
