# Promise Robotics funding: rounds and investors

> Promise Robotics has raised $17M across 2 rounds since 2023. Investors include Horizons Ventures, Relay Ventures and Radical Ventures.

Source: https://millionrounds.com/company/promise-robotics (Millionrounds; every figure on the page links to its filing or article)

Canada · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Promise Robotics*

2 rounds we have observed, with the 8 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI Construction Real Estate Robotics

Funding summary Updated 26 Oct 2026

**$17M** raised across 2 rounds since 2023, from 2 sources

**$15M** Series A **$1.8M** Debt

- **Latest round:** Debt, $1.8M Jun 2025
- **Biggest round:** $15M Series A · Nov 2023
- **Investors:** 8 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2024 2025

**$15M** Series A

**$1.8M** Debt

- **First round:** Series A, $15M
- **Biggest round:** $15M
- **Between rounds:** 19 months

## The rounds

- **Jun 2025** Debt **$1.8M** *1 new* *3 returning* [Horizons Ventures](https://millionrounds.com/fund/horizons-ventures) [Relay Ventures](https://millionrounds.com/fund/relay-ventures) [Radical Ventures](https://millionrounds.com/fund/radical-ventures) [Prairies Economic Development Canada](https://millionrounds.com/fund/prairies-economic-development-canada) Source recorded
- **Nov 2023** Series A **$15M** *7 new* [Horizons Ventures](https://millionrounds.com/fund/horizons-ventures) Lead [Relay Ventures](https://millionrounds.com/fund/relay-ventures) [Radical Ventures](https://millionrounds.com/fund/radical-ventures) [Sustainable Development Technology Canada](https://millionrounds.com/fund/sustainable-development-technology-canada) [Alate Partners](https://millionrounds.com/fund/alate-partners) [Public Sector Pension Investment Board (PSP Investments)](https://millionrounds.com/fund/public-sector-pension-investment-board-psp-investments) [United Brotherhood of Carpenters](https://millionrounds.com/fund/united-brotherhood-of-carpenters) Reported by Alate Partners

## Founders and team

From Promise Robotics's own website: 2 founders.

**Ramtin Attar** Co-Founder & Chief Executive Officer

**Reza Nasseri** Co-Founder & Chief Innovation Officer

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2023 **Debt** 2025 [Horizons Ventures](https://millionrounds.com/fund/horizons-ventures) L [Relay Ventures](https://millionrounds.com/fund/relay-ventures) [Radical Ventures](https://millionrounds.com/fund/radical-ventures) [Sustainable Development Technology Canada](https://millionrounds.com/fund/sustainable-development-technology-canada) [Prairies Economic Development Canada](https://millionrounds.com/fund/prairies-economic-development-canada) [Alate Partners](https://millionrounds.com/fund/alate-partners) [Public Sector Pension Investment Board (PSP Investments)](https://millionrounds.com/fund/public-sector-pension-investment-board-psp-investments) [United Brotherhood of Carpenters](https://millionrounds.com/fund/united-brotherhood-of-carpenters)

## Everyone who backed them

[Horizons Ventures](https://millionrounds.com/fund/horizons-ventures) VC firm **2** rounds, led 1

[Relay Ventures](https://millionrounds.com/fund/relay-ventures) VC firm **2** rounds

[Radical Ventures](https://millionrounds.com/fund/radical-ventures) VC firm **2** rounds

[Sustainable Development Technology Canada](https://millionrounds.com/fund/sustainable-development-technology-canada) VC firm **1** round

[Prairies Economic Development Canada](https://millionrounds.com/fund/prairies-economic-development-canada) Investment firm **1** round

[Alate Partners](https://millionrounds.com/fund/alate-partners) VC firm **1** round

[Public Sector Pension Investment Board (PSP Investments)](https://millionrounds.com/fund/public-sector-pension-investment-board-psp-investments) Institutional LP **1** round

[United Brotherhood of Carpenters](https://millionrounds.com/fund/united-brotherhood-of-carpenters) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=promise-robotics).

## Also claim to have backed them

This firm lists Promise Robotics as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[MaRS Discovery District](https://millionrounds.com/fund/mars-discovery-district) Investment firm Per its own site

## Quick answers about Promise Robotics

### Who invested in Promise Robotics?

Promise Robotics's investors include Horizons Ventures, Relay Ventures, Radical Ventures, Sustainable Development Technology Canada and Prairies Economic Development Canada, and 3 more on record.

### How much has Promise Robotics raised?

Promise Robotics has raised $17M across 2 rounds since 2023.

### When did Promise Robotics last raise?

Promise Robotics's most recent round was a Debt of $1.8M in Jun 2025.

### What was Promise Robotics's biggest round?

Promise Robotics's largest round on record is $15M (Series A), in Nov 2023, led by Horizons Ventures.

### Who backed Promise Robotics first?

Promise Robotics's first round on record, in Nov 2023, was backed by Horizons Ventures, Relay Ventures and Radical Ventures and 4 others.

### What stage is Promise Robotics at?

Promise Robotics's latest named round is a Debt, in Jun 2025.

### Where is Promise Robotics based?

Promise Robotics is based in Canada.

### Who led Promise Robotics's rounds?

Horizons Ventures led the Series A in 2023.

## Companies like Promise Robotics

In the same sector, and raised in the last eighteen months.

[**Quminex** $1.1M · Oct 2026](https://millionrounds.com/company/quminex)[**OSCP** Oct 2026](https://millionrounds.com/company/oscp)[**Biossil** $153M · Sept 2026](https://millionrounds.com/company/biossil)[**Astrus** $20M · Sept 2026](https://millionrounds.com/company/astrus)[**Altis Labs** $31M · Sept 2026](https://millionrounds.com/company/altis-labs)[**Thri5** $5.4M · Sept 2026](https://millionrounds.com/company/thri5)

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