Teleo raises USD 16.2M Series A extension
Teleo raised USD 16.2 million in Series A extension funding for autonomous technology for heavy equipment.
Evidence notes
- UP.Partners led a USD 9.2 million first extension tranche, with Trousdale Ventures and F-Prime Capital participating.
- The capital supported customer deployments of supervised-autonomy systems for heavy machinery.
- The capital supports commercial automation and autonomous-system workflows as Teleo moves toward broader commercial use.
Company context
Teleo converts heavy construction and mining equipment into supervised autonomous machines. The company raised a $16.2 million Series A extension in 2024, and Havoc announced in 2026 that Teleo had become part of its autonomy group.