Dry cleaning robotics startup Presso raised $1.6mn after catering to Hollywood

Robotic dry cleaning startup Presso closed a $1.6 mn pre-seed with investment from Pathbreaker, AME Cloud Ventures, SOSV, 1517 Fund and YETI Capital. The startup has developed a kiosk capable of dry cleaning a garment in around 5 minutes.

Initially the company focussed on business travelers with plans to install machines in hotel hallways. Instead, Presso has shifted much of its efforts to film and TV production. The company says the latest generation of its tech is capable of cleaning/disinfecting up to 150 costumes in a day, a key demand as many studios have begun to ramp up production, in spite of the continuing pandemic. Netflix, HBO, Apple TV, FOX, Disney and Hulu have all approached the company about its tech.

This latest infusion brings Presso’s money raised to $2.2 mn, they plan to spend on scaling up manufacturing, while doubling its headcount over the course of the next six or so months.

8 views0 comments