Presso raises $9.1M seed for on-demand garment care robots
What's the deal? Presso, an Atlanta-based hardware and robotics startup, has filed to raise $9,104,998 in a seed round, according to a filing with the Securities and Exchange Commission. The company builds on-demand, energy-efficient express garment care machines. Chief executive officer Nishant Jain leads the company.
What's the endgame? Presso pitches its system as a gentler alternative to traditional laundry, designed to preserve delicate fabrics while beating dry-cleaning on speed and efficiency. It describes itself as creating a new category in garment care.
Why it stands out: The round sits in the 94th percentile by size among all-time US deep tech seed rounds, a sample of 7,966 deals. That places it well above the typical early-stage cheque in the category.
The signal: A large seed round for hardware and robotics reflects investor appetite for capital-intensive deep tech bets. For Presso, the raise is early proof that automating an everyday chore can attract serious backing.
Read more: Intelligence360 News
Image credit: Loco Steve
