Persimmon Technologies Corp., a Wakefield-based provider of vacuum robotics, said it has received $14 million from investors that it plans to use to expand its product line.
New investors the ABB Group and Berwind Private Equity joined Intel Capital, Nidec Sankyo, and the Bernard Gordon Charitable Remainder Trust in the round of investments, Persimmon said in a press release Tuesday.
Persimmon’s advanced robotics and automation systems are designed for semiconductor and solar equipment markets among others.
In making motor components, Persimmon uses 3-D deposition processes that aim to increase power density, eliminate manufacturing steps, and reduce costs.
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