NanoClaw creator turns down $20M buyout offer, raises $12M seed instead
NanoCo has successfully raised $12 million in a seed funding round for its security-focused product, NanoClaw. The company declined a $20 million acquisition offer to focus on building its community and product. With endorsements from notable figures, interest in NanoClaw has surged, leading to partnerships and enterprise customer bookings.
- ▪NanoCo raised an oversubscribed $12 million seed round led by Valley Capital Partners.
- ▪The founders, Gavriel and Lazer Cohen, declined a $20 million acquisition offer to focus on their project.
- ▪Interest in NanoClaw grew significantly after endorsements from AI researcher Andrej Karpathy and Singapore's foreign minister.
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NanoCo, the company behind security-focused OpenClaw alternative NanoClaw, has raised an oversubscribed $12 million seed round following a viral launch, its founders tell TechCrunch. The funding was led by Valley Capital Partners, and saw participation from Docker, Vercel, Monday.com, Slow Ventures and angels like Clem Delangue, CEO of Hugging Face. In a matter of weeks, NanoClaw creator Gavriel Cohen (pictured above, left) said he went from coding the project on his couch to receiving viral endorsements from Andrej Karpathy and Singapore’s foreign minister, fielding inbound interest from dozens of investors, and even a roughly $20 million acquisition offer that he and his brother and co-founder, Lazer Cohen (pictured above, right), declined.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Startups | TechCrunch.
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