Loading organizations...
§ Private Profile · Bedford, MA, USA
Persimmon Technologies Corporation is a company.
Persimmon Technologies Corporation has raised $27.8M across 4 funding rounds.
Key people at Persimmon Technologies Corporation.
Persimmon Technologies Corporation has raised $27.8M in total across 4 funding rounds.
Persimmon Technologies Corporation specializes in advanced robotics and high-performance electric motor technology. The company develops vacuum environment robotics tailored for the semiconductor, power electronics, LED, and back-end packaging equipment sectors. Their technical approach emphasizes disruptive innovation, delivering solutions that provide superior throughput, enhanced wafer placement repeatability, and improved reliability, supported by their proprietary in-house motor production capabilities.
The company was founded in 2010 by Martin Hosek and Michael W. Pippins. Pippins, having previously led vacuum robotics for a major global corporation, recognized a critical demand for next-generation vacuum robotic solutions. This insight formed the foundation for Persimmon Technologies, aiming to address the evolving and complex requirements of advanced manufacturing.
Persimmon Technologies primarily serves the world’s leading semiconductor manufacturers. The company's overarching mission is to empower these manufacturers to produce next-generation computer chips, thereby contributing to the fundamental building blocks of modern technology. Their work underpins the development of essential innovations, from advanced smartphones to expansive data centers and autonomous vehicles, fostering a forward-looking impact on global technological progress.
Key people at Persimmon Technologies Corporation.
Persimmon Technologies Corporation is a technology company specializing in the development, manufacture, and distribution of vacuum robotics, vacuum modules, and automation systems primarily for the semiconductor, LED, OLED, solar, and flat panel display equipment markets. They also develop advanced Hybrid-Field 3D printed electric motor technology. Their products serve semiconductor manufacturers and other high-tech industries by enabling precision automation critical for producing next-generation chips and electronic components. The company is headquartered in Wakefield, Massachusetts, and reported revenues of approximately $5.7 million in 2025, with a management team boasting over 60 years of combined experience in robotics and automation[1][2][3][4].
Founded in 2010, Persimmon Technologies was created to address the growing need for highly reliable and precise robotic systems in vacuum environments, which are essential in semiconductor fabrication and related fields. The idea emerged from the founders’ deep expertise in robotics and electric motor technology, focusing on disruptive innovation to solve complex automation challenges. Early traction was driven by their patented technologies and exclusive U.S. reseller agreement for Nidec Sankyo atmospheric robots, positioning them as a key player in vacuum robotics for critical manufacturing sectors[1][3].
Persimmon Technologies rides the wave of increasing semiconductor demand driven by AI, 5G, electric vehicles, and advanced consumer electronics. The timing is critical as chip manufacturers require ever more precise and reliable automation to scale production of smaller, more complex chips. Market forces such as the global semiconductor shortage and the push for renewable energy technologies (solar, power electronics) work in their favor. By advancing vacuum robotics and electric motor technologies, Persimmon influences the broader ecosystem by enabling higher throughput, better yield, and more energy-efficient manufacturing processes[3][5].
Looking ahead, Persimmon Technologies is poised to expand its influence by continuing to innovate in vacuum robotics and electric motor technology, potentially leveraging additive manufacturing to further enhance motor performance. Trends such as semiconductor miniaturization, automation in clean energy production, and AI-driven manufacturing will shape their growth trajectory. Their strong patent position and exclusive partnerships suggest they will remain a critical supplier to semiconductor and advanced electronics manufacturers, possibly expanding into new markets like power electronics and autonomous systems.
In summary, Persimmon Technologies stands out as a specialized robotics and motor technology company enabling the next generation of semiconductor manufacturing and advanced electronics, with a solid foundation for future innovation and market expansion.
Persimmon Technologies Corporation has raised $27.8M across 4 funding rounds. Most recently, it raised $6.0M Persimmon Technologies - Other Equity in March 2014.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 7, 2014 | $6M Venture Round | Grant Allen | Intel Capital | Announced |
| Mar 1, 2014 | $14M Series B | — | Giant Ventures, TotalEnergies Ventures | Announced |
| Jan 14, 2013 | $5.8M Series B | — | Laura Oliphant, Nidec Sankyo, Bernard Gordon | Announced |
| Mar 23, 2012 | $2M Venture Round | — | — | Announced |
Persimmon Technologies Corporation has raised $27.8M in total across 4 funding rounds.
Persimmon Technologies Corporation's investors include Grant Allen, Intel Capital, Giant Ventures, TotalEnergies Ventures, Laura Oliphant, Nidec Sankyo, Bernard Gordon.
