May 2019 might have been a slow month for robotics transactions, but investors are still bullish on robots, autonomous vehicles, and AI for supply chain, healthcare, and food applications.
Powerhouse Ventures to sell a quarter of Invert Robotics holdings for $1.3m
Technology investor Powerhouse Ventures plans to sell about a quarter of its Invert Robotics shares for $1.3 million, the company announced. Powerhouse currently holds 34.6% of Invert Robotics, but the sale would decrease that holding to between 23.6% and 28.2%. “Generally, Powerhouse Ventures aims to own between 20 to 40 percent of its investee companies…