Foley Represents Square Robot in $5M Growth Equity Funding

Foley & Lardner LLP represented Square Robot, Inc., an autonomous robotic technology company developing next generation storage tank solutions, in its receipt of $5 million in growth equity funding. 

The investment will facilitate Square Robot’s continued development and deployment of its in-service tank inspection robots and further Square Robot’s mission of applying robotic technology to eliminate both the need to put people into dangerous enclosed spaces and of taking tanks out of service.

Square Robot is an innovator in the world of robotic tank inspections, providing leading edge in-service inspections across the globe. Through its development of robotic technology, data acquisition, and processing, Square Robot is uniquely positioned to provide data driven solutions in an ever-growing range of products and industry segments.

The Foley deal team was led by partner Von Bryant and included partner Spencer Moats and associate Chloe Hill.