Misty Robotics closes on $11 million equity raise

BOULDER — Misty Robotics Inc. has raised $11 million in capital.

The Boulder-based company, an offshoot of Sphero, is raising the funds through an equity offering, according to a Form D filed with the U.S. Securities and Exchange Commission on Dec. 14. The date of first sale was Dec. 5.

“Misty Robotics’ most recent funding is a follow-on to our Series A with our existing investors leading the round.,” wrote Kathryn Kelly, a representative for Misty Robotics, in an email to BizWest. “We plan to use the new funds to get Misty II to…