Collison brothers invest in home robotics company

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Stripe founders back Matic as part of $24m fundraising effort

Smart home robotics company Matic has become the latest company to get the backing of Stripe founders Patrick and John Collison, after the brothers invested in its most recent round of fundraising.

But the investment in Matic is not the first for the Collison brothers; it isn’t even the first this year. The Stripe founders have been active in the angel investment scene for some time, backing companies across a range of industries from fintech and artificial intelligence to cleantech and robotics.

The environmental aspect of the investment is in keeping with the brothers’ focus on technologies that can help the environment. Stripe Climate, for example, allows customers of the fintech to invest a small amount of their revenue to help grow emerging carbon removal technologies.

 

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