412 How to Raise $40 Million to Build Robots w/ Jake Loosararian
Episode description
Jake Loosararian is the CEO and co-founder of Gecko Robotics, a Pittsburgh robotics startup. Gecko recently announced a $40 million Series B round of fundraising led by Drive Capital.
Gecko Robotics builds robots that do unassisted inspections of power plant boilers. The robots’ sensors measure key data including temperature, wall thickness, and other system failure indicators.
Jake invested his life savings into the company and was named the top startup in Y Combinator’s Winter 2016 cohort.
In this podcast, Jake Loosararian and Aaron Watson discuss the business model of Gecko, how he raised $40 million, and the high bar they have when hiring.
Pittsburgh’s best conference to Expand your Mind & Fill your Heart happens once a year.
Jake Loosararian’s Challenge; Read a book.
Zero to One: Notes on Startups, or How to Build the Future by Peter Thiel
High Growth Handbook by Elad Gil
Connect with Jake Loosararian
jake.loosararian@geckorobotics.com
If you liked this interview, check out episode 400 with Austin Webb where we discuss large fundraising rounds, high growth startups, and robotics disrupting agriculture.
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