RISE Robotics Awarded $100,000 MassVentures Grant to Accelerate Commercialization of Beltdraulic Technology
RISE Robotics, a developer of electric actuation technology for heavy machinery and defense applications, today announced that it has been awarded a $100,000 START Grant from MassVentures, a competitive, non-dilutive program of the Commonwealth of Massachusetts supporting the commercialization of advanced technologies. As a Stage I awardee, RISE is also eligible to compete for up to $800,000 in total START funding as it advances through subsequent stages of the program.