The Robot Report

  • Home
  • News
  • Technologies
    • Batteries / Power Supplies
    • Cameras / Imaging / Vision
    • Controllers
    • End Effectors
    • Microprocessors / SoCs
    • Motion Control
    • Sensors
    • Soft Robotics
    • Software / Simulation
  • Development
    • Artificial Intelligence
    • Human Robot Interaction / Haptics
    • Mobility / Navigation
    • Research
  • Robots
    • AGVs
    • AMRs
    • Consumer
    • Collaborative Robots
    • Drones
    • Exoskeletons
    • Industrial
    • Self-Driving Vehicles
    • Unmanned Maritime Systems
  • Markets
    • Agriculture
    • Healthcare
    • Logistics
    • Manufacturing
    • Mining
    • Security
  • Financial
    • Investments
    • Mergers & Acquisitions
    • Earnings
  • Resources
    • Careers
    • COVID-19
    • Digital Issues
    • Publications
      • Collaborative Robotics Trends
      • Robotics Business Review
    • RBR50 Winners 2022
    • Search Robotics Database
    • Videos
    • Webinars / Digital Events
  • Events
    • RoboBusiness
    • Robotics Summit & Expo
    • Healthcare Robotics Engineering Forum
    • DeviceTalks
    • R&D 100
    • Robotics Weeks
  • Podcast
    • Episodes
    • Leave a voicemail

Gecko Robotics brings in $73M for inspection robots

By Brianna Wessling | March 3, 2022

Listen to this article
Voiced by Amazon Polly
TOKA 3

Gecko’s TOKA 3 is the fastest of its inspection robots. | Source: Gecko Robotics

Gecko Robotics, a company developing wall-climbing robots for inspections, raised $73 million in Series C funding. The company’s last funding round brought in $40 million.

The company’s technology is made for the power generation, oil and gas, heavy manufacturing and defense industries. Its TOKA Series robots, which includes the TOKA 3, TOKA 4, TOKA 4 GZ and TOKA Flex, are each designed to perform under certain circumstances.

The TOKA 3, for example, is better for inspections on medium-sized piping and high-temperature surfaces, while the TOKA 4 does better with boiler walls and curved surfaces. The TOKA 3 is able to cover 60 feet per minute, while the others in the series can reach a top speed of 30 feet per minute.

Gecko was co-founded by Jake Loosararian, now the CEO, and Troy Demmer, now the chief product officer. Loosararian started the company in 2013 and in 2016 joined efforts with Demmer. The company received $2.1 million in funding the same year.

“Jake is incredibly passionate about industrial infrastructure – which is a weird thing to be passionate about – but it’s been incredible seeing that dedication and drive translate into Gecko’s growth. Rather than eliminating workers, Gecko’s technology minimizes danger by removing them from the most precarious maintenance tasks,” Trae Stephens, partner at Founders Fund, said.

XN led the most recent funding round. Founders Fund, XYZ, Drive Capital, Snowpoint Ventures, Joe Lonsdale, Mark Cuban, Gokul Rajaram and more participated in the round.

“Gecko’s unique combination of robotics and software radically improves the ability to inspect, protect, and efficiently maintain critical infrastructure,” Tim Brown, partner at XN, said. “We are excited to partner with Jake and Troy as they extend Gecko’s powerful technology into new geographies and industries, helping customers collect and make sense of physical data to optimize the safety and performance of their assets.”

Gecko plans to use the funding to further its mission to “protect today’s critical infrastructure, and give form to tomorrow’s.” The company is headquartered in Pittsburgh and has offices in Houston, Austin, New York City, Boston and Europe.

About The Author

Brianna Wessling

Brianna Wessling is an Associate Editor, Robotics, WTWH Media. She joined WTWH Media in November 2021, and is a recent graduate from the University of Kansas. She can be reached at [email protected]

Tell Us What You Think! Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Related Articles Read More >

osaro robot picks items for customer order
OSARO automates Zenni fulfillment center
wingcopter 198 flying over ocean and islands
Wingcopter brings in $42M for delivery drones
Indoor Robotics raises $15M for Tando indoor drone
Verizon keynote at Robotics Summit to highlight 5G's critical role for robotics innovation
Qualcomm acquires Cellwize for $350M to accelerate 5G deployments

2021 Robotics Handbook

The Robot Report Listing Database

Latest Robotics News

Robot Report Podcast

Anders Beck introduces the UR20; California bans autonomous tractors
See More >

Sponsored Content

  • Magnetic encoders support the stabilization control of a self-balancing two-wheeled robotic vehicle
  • How to best choose your AGV’s Wheel Drive provider
  • Meet Trey, the autonomous trailer (un)loading forklift
  • Kinova Robotics launches Link 6, the first Canadian industrial collaborative robot
  • Torque sensors help make human/robot collaborations safer for workers

RBR50 Innovation Awards

Leave us a voicemail

The Robot Report
  • Mobile Robot Guide
  • Collaborative Robotics Trends
  • Field Robotics Forum
  • Healthcare Robotics Engineering Forum
  • RoboBusiness Event
  • Robotics Business Review
  • Robotics Summit & Expo
  • About The Robot Report
  • Subscribe
  • Advertising
  • Contact Us

Copyright © 2022 WTWH Media LLC. All Rights Reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media
Privacy Policy | Advertising | About Us

Search The Robot Report

  • Home
  • News
  • Technologies
    • Batteries / Power Supplies
    • Cameras / Imaging / Vision
    • Controllers
    • End Effectors
    • Microprocessors / SoCs
    • Motion Control
    • Sensors
    • Soft Robotics
    • Software / Simulation
  • Development
    • Artificial Intelligence
    • Human Robot Interaction / Haptics
    • Mobility / Navigation
    • Research
  • Robots
    • AGVs
    • AMRs
    • Consumer
    • Collaborative Robots
    • Drones
    • Exoskeletons
    • Industrial
    • Self-Driving Vehicles
    • Unmanned Maritime Systems
  • Markets
    • Agriculture
    • Healthcare
    • Logistics
    • Manufacturing
    • Mining
    • Security
  • Financial
    • Investments
    • Mergers & Acquisitions
    • Earnings
  • Resources
    • Careers
    • COVID-19
    • Digital Issues
    • Publications
      • Collaborative Robotics Trends
      • Robotics Business Review
    • RBR50 Winners 2022
    • Search Robotics Database
    • Videos
    • Webinars / Digital Events
  • Events
    • RoboBusiness
    • Robotics Summit & Expo
    • Healthcare Robotics Engineering Forum
    • DeviceTalks
    • R&D 100
    • Robotics Weeks
  • Podcast
    • Episodes
    • Leave a voicemail