RoboTire

Canvas Category Machinery : Industrial Robot : Automotive

Website | Video

Primary Location Plymouth, Michigan, United States

Financial Status VC-A; Discount Tire, Automotive Ventures, Detroit Venture Partners, 640 Oxford Ventures

For fleets and auto repair service providers, RoboTire just made the world of vehicle maintenance a whole lot easier. We use cutting-edge robotics and AI technology to automate the tire-changing process - freeing mechanics, technicians, and engineers to focus on more technical services and repairs.

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Tire-changing startup RoboTire files for Chapter 7 bankruptcy

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: RoboTire


RoboTire, a robotics startup developing an automated tire-changing system for mechanics, has filed for Chapter 7 bankruptcy. RoboTire was founded in 2018, was based in Plymouth, Michigan, and won an RBR50 Robotics Innovation Award in 2023.

RoboTire filed for Chapter 7 bankruptcy in the Court of Delaware on January 19, 2024. According to the filing, RoboTire has $12.7 million in liabilities and $12.3 million in assets. There are 78 unsecured creditors in the case, most of which are based in Michigan. In December 2023, RoboTire was sued by American Funding Services, which claimed the robotics startup owed it more than $130,000.

Read more at Robot Report

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