SRI International spin-off Grabit grabs Series A funding

Grabit, an SRI International spin-off, has raised an undisclosed amount of Series A funding. Formation 8 led the round with participation from ABB Technology Ventures and NIKE. Based in Santa Clara, Calif., Grabit is a maker of electroadhesion-based material handling solutions for manufacturing, logistics, and service sectors.

8 October 2013•3 mins read
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