Tera Ventures co-leads the €1.5m investment round to 10Lines
The round was jointly led by Tera Ventures and Karista, along with participation of Butterfly Ventures and Mike Oliinyk (Ex Uber, Wise, Wolt), this investment will fuel 10Lines' expansion, particularly in the US market, where the company has already established a presence.
10Lines has a mission to revolutionise traditional line marking processes, through cutting-edge robotics and AI technologies to automate line marking operations on roads and parking lots.
Having already made inroads into the US market, 10Lines aims to capitalise on the growing demand for autonomous line marking solutions. The additional capital will enable 10Lines to accelerate the development of its autonomous robots and software, expand its team of top-tier engineering talent, and strengthen its market presence in the USA.
As 10Lines continues to expand its reach, the company remains committed to delivering cutting-edge technology that not only enhances productivity but also contributes to a more sustainable and environmentally friendly future.
- You can read more on the round via EU-Startups