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Cobalt, formerly known as Cobalt Robotics, is a Fremont, California-based company specializing in AI-powered, human-verified security solutions. Founded in 2016, Cobalt offers a suite of products including monitoring of security devices, remote monitoring services, and mobile autonomous security robots. The company operates within the security and surveillance industry, leveraging artificial intelligence to enhance its offerings.
Since its inception, Cobalt has raised a total of $51.61 million in funding, demonstrating investor interest in its innovative approach to security solutions. The company's focus on combining AI technology with human verification sets it apart in the competitive security market.
As of June 2024, Cobalt was acquired by Dean Drako, which may impact any potential plans for an initial public offering (IPO). Given this recent acquisition, the likelihood of Cobalt pursuing an IPO in the near future is uncertain. It's important to note that we do not have any confirmed information or reports regarding Cobalt's IPO prospects at this time.
For investors interested in the security and AI sectors, Cobalt's progress and innovations may be worth following. However, as the company is currently privately held, opportunities for public investment are not available. Those looking to invest in similar companies may want to explore publicly traded firms in the security and AI industries.
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While Cobalt's IPO prospects remain uncertain, investors eager to gain exposure to the electric vehicle battery supply chain don't have to wait. At Linqto, we offer members access to interests in pre-IPO private companies, including potential leaders in the clean energy and EV sectors. Our platform allows you to diversify your portfolio with lower minimum investments in emerging industry leaders, potentially benefiting from their growth before they go public.
*These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO. The information provided above is based on current online discussions and is not intended as investment advice. Linqto does not endorse or guarantee the accuracy of this information, and we strongly recommend conducting your own research or consulting with a professional advisor before making any investment decisions. Linqto cannot be held liable for any investment outcomes resulting from the use of this information.
