10Lines closes EUR1.5M round for U.S. expansion
10Lines closed a EUR1.5 million investment round to expand its autonomous pavement-marking robot and software business in the United States.
Evidence notes
- Tera Ventures and Karista jointly led the round, with Butterfly Ventures and former Uber, Wise and Wolt executive Mike Oliinyk participating.
- The company had already established a U.S. presence and was targeting demand for automated parking-lot and road-marking workflows.
- 10Lines said the capital would accelerate robot and software development, add engineering staff and strengthen its U.S. commercial operation.
Company context
10Lines develops autonomous pavement-marking robots and layout software for parking lots, roads, airports and other paved surfaces. The system replaces manual measuring and pre-marking with digitally planned striping.