Third Wave Automation

Other Hardware · Union City, CA · Founded 2018 · Privately Held (backing)

Manufacturer of an autonomous forklift technology designed to deliver general, robust, precise, and correct automated movement of material and inventory. Third Wave Automation is based in Union City, CA and was founded in 2018. Its last known valuation is $171 million. It has raised $96 million across 2 recorded rounds; the latest was a $27 million Series C in Oct 2024.

Last price · $/share
—
Implied valuation
$171.3M
Total raised
$96.0M
Last round
Later Stage VC (Series C)
Oct 2024
What is Third Wave Automation worth?
$171.3Mlast known valuation

Third Wave Automation last raised $27.0M in its Later Stage VC (Series C) (Oct 2024).

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Third Wave Automation funding history

2 rounds
DateRoundRaisedPost-money
Oct 2024Later Stage VC (Series C)$27.0M▮
Feb 2023Later Stage VC (Series B)$10.0M▮
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Third Wave Automation valuation

Third Wave Automation's last known valuation is $171 million. The figure stands until a priced round, a secondary trade or an institutional fund mark prices the stock again.

How much has Third Wave Automation raised?

Third Wave Automation has raised $96 million in total; 2 of its rounds are on record. The largest on record was a $27 million Series C in Oct 2024.

Comparable companies

Comparable other hardware names by valuation on PrivateMarketView: RightHand Robotics ($245 million), Starship ($162 million) and OpenTrons ($137 million).

How Third Wave Automation's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For Third Wave Automation, too few pricing signals exist to publish a composite mark; the figures above reflect the most recent observed valuation event. Full methodology →

Frequently asked about Third Wave Automation

What is Third Wave Automation worth?
Third Wave Automation's last known valuation is $171.3M.
How much has Third Wave Automation raised?
Third Wave Automation has raised $96.0M in total funding across 2 recorded rounds.
When did Third Wave Automation last raise?
Third Wave Automation last raised in Oct 2024 (Later Stage VC (Series C)), raising $27.0M.