Petra
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Petra

https://petra.cc/
Last activity: 18.05.2023
Categories: WaterTechUtilitiesTechnologyServicePropertyLifeInfrastructureDeepTechConstructionBuilding
Petra is a deep-tech developer of tunneling robots intended to efficiently and safely bore utility conduits through any geology. The company's technology will be faster and cost less than conventional tunneling methods, thereby enabling industries to make small-diameter utility infrastructure economically viable. By easily, quickly, and cost-effectively burying all utilities, Petra allows existing cities to move their utilities underground -- a current cost, safety, and technology prohibitive option -- removing the life and property risk in the Western U.S. as a result of urban wildfires caused by above-ground utilities.
Mentions
8
Total raised: $30M

Investors 6

Funding Rounds 1

DateSeriesAmountInvestors
09.12.2021Series A$30M-

Mentions in press and media 8

DateTitleDescriptionSource
27.01.2022180 Degree Capital Corp. Provides Updates on Potential $6.8 ...MONTCLAIR, N.J., Jan. 27, 2022 (GLOBE NEWSWIRE) -- With a view towards providing additional transpar...marketscre...
10.12.2021SEC Chair Gary Gensler finally laid out what he has against ...This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign ...fortune.co...
10.12.2021SEC Chair Gary Gensler finally laid out what he has against ...This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign ...fortune.co...
10.12.2021Petra raises $30M for tunneling technologyRobotics startup Petra has raised a $30 million Series A led by DCVC. The company is also backed by ...pitchbook....
09.12.2021Petra Raises $30M in Series A FundingPetra, a San Francisco, CA-based hard rock drilling robotics startup, is launching out of stealth wi...finsmes.co...
09.12.2021Petra emerges from stealth with $30M raised for tunnel-borin...Petra emerged from stealth this week, announcing a $30 million Series A. The round, led by DCVC, bri...techcrunch...
08.06.2020Nashville-Based Petra Capital Partners Closes $208 Million F...Nashville, Tennessee-based Petra Capital Partners announced it completed fundraising on Petra Growth...pulse2.com...
04.06.2020Petra Capital picks up $208m to close fourth growth fundPetra Capital Partners has picked up $208m for the final close of its fourth growth fund targeting h...altassets....

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