MegaBots Announces Venture Capital Investment To Create Robot Fighting League

Posted: Mar 23 2016, 9:40am CDT | by , Updated: May 11 2016, 1:59am CDT, in Technology News


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MegaBots Announces Venture Capital Investment to Create Robot Fighting League

While the MegaBots team is preparing for the epic robot fight battle against Japan, the company got venture funding to build a real world robot fighting league.

MegaBots raised a lot of attention last year when they challenged Japanese robot. The fight between MegaBots's Mark II giant robot against the Suidobashi Heavy Industries robot Kuratas is scheduled to take place this summer.

The team is busy enhancing the Mark II robot. They got funding for the enhancements through a Kickstarter campaign last fall raising over $550,000. MegaBots founders Gui Cavalcanti, Matt Oehrlein and Brinkley Warren have assembled a team of American innovators, engineers, fabricators and entertainment professionals to prepare their robot Mk. II for battle.

The Mark II will be very mobile enabled through a Howe & Howe track base powered by a 350HP engine.

Today MegaBots announced that the secured venture capital funding from Autodesk, AME Cloud Ventures, Azure Capital,, and a number of angel investors. The investment is aimed at developing what the company calls "the science fiction sports league of the future." MegaBots will establish a robot fighting league only known so far from video games.

The company did not disclose the amount of investment they received. Update: MegaBots announched that they raised $2.4m.

The details of the robot duel between America and Japan will be announced together with Suidobashi Heavy Industries at a later point.

The WWE will get some serious competition from robot nerds. You can follow MegaBots progress on their Facebook page.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
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