Chat with us, powered by LiveChat
  • About
  • Terms of Use
  • Privacy & Policy
  • Cookie policy
  • “[email protected]”.
USTechTimes, Magazine & Review WordPress Theme 2017
  • Home
  • topics
    • All
    • AgTech
    • AI
    • Analytics
    • AR/VR
    • Biotech
    • Blockchain
    • Cars / autonomous vehicles
    • Clean tech / environment
    • Cloud infrastructure
    • Cryptocurrency
    • Data services
    • Developer tools
    • E-commerce
    • Education
    • Energy tech
    • Enterprise
    • Entertainment & sports
    • Security
    Sunstone Credit secures $20 million in Series A funding round

    Sunstone Credit secures $20 million in Series A funding round

    New-York based Impel secures $104 million in growth funding

    New-York based Impel secures $104 million in growth funding

    Metagenomi bags an extra $100 million before closing its Series B

    Metagenomi bags an extra $100 million before closing its Series B

    Aspen Neuroscience sign $40 million debt deal with Silicon Valley Bank

    Aspen Neuroscience sign $40 million debt deal with Silicon Valley Bank

    Trending Tags

      • Advertising
      • AgTech
      • AI
      • Analytics
      • AR/VR
      • Biotech
      • Blockchain
      • Cars / autonomous vehicles
      • Clean tech / environment
      • Cloud infrastructure
      • Consumer health & fitness
      • Consumer products
      • Cryptocurrency
      • Data services
      • Developer tools
      • Distributed workforce
      • E-commerce
      • Education
      • Energy tech
      • Enterprise
      • Entertainment & sports
      • Fashion
      • Fintech
      • Food and beverage
      • Games
      • Gaming/eSports
      • Govtech
      • Hardware
      • Health & hospital services
      • Health IT
      • Human capital
      • Impact
      • Insurance
      • IoT
      • Local commerce
      • Lodging/hospitality
      • Logistics
      • Manufacturing
      • Marketing automation
      • Marketplaces
      • Material science
      • Media/content
      • Medical devices
      • Messaging
      • Network infrastructure
      • Parenting/families
      • Payments
      • Pharmaceuticals
      • Real estate/proptech
      • Retail
      • Robotics
      • SaaS
      • Sales and CRM
      • Security
      • SMB software
      • Social commerce
      • Social mobile
      • Space
      • Gaming/eSports
      • Travel
      • Games
    • Interview
    • Venture Capital
    No Result
    View All Result
    • Home
    • topics
      • All
      • AgTech
      • AI
      • Analytics
      • AR/VR
      • Biotech
      • Blockchain
      • Cars / autonomous vehicles
      • Clean tech / environment
      • Cloud infrastructure
      • Cryptocurrency
      • Data services
      • Developer tools
      • E-commerce
      • Education
      • Energy tech
      • Enterprise
      • Entertainment & sports
      • Security
      Sunstone Credit secures $20 million in Series A funding round

      Sunstone Credit secures $20 million in Series A funding round

      New-York based Impel secures $104 million in growth funding

      New-York based Impel secures $104 million in growth funding

      Metagenomi bags an extra $100 million before closing its Series B

      Metagenomi bags an extra $100 million before closing its Series B

      Aspen Neuroscience sign $40 million debt deal with Silicon Valley Bank

      Aspen Neuroscience sign $40 million debt deal with Silicon Valley Bank

      Trending Tags

        • Advertising
        • AgTech
        • AI
        • Analytics
        • AR/VR
        • Biotech
        • Blockchain
        • Cars / autonomous vehicles
        • Clean tech / environment
        • Cloud infrastructure
        • Consumer health & fitness
        • Consumer products
        • Cryptocurrency
        • Data services
        • Developer tools
        • Distributed workforce
        • E-commerce
        • Education
        • Energy tech
        • Enterprise
        • Entertainment & sports
        • Fashion
        • Fintech
        • Food and beverage
        • Games
        • Gaming/eSports
        • Govtech
        • Hardware
        • Health & hospital services
        • Health IT
        • Human capital
        • Impact
        • Insurance
        • IoT
        • Local commerce
        • Lodging/hospitality
        • Logistics
        • Manufacturing
        • Marketing automation
        • Marketplaces
        • Material science
        • Media/content
        • Medical devices
        • Messaging
        • Network infrastructure
        • Parenting/families
        • Payments
        • Pharmaceuticals
        • Real estate/proptech
        • Retail
        • Robotics
        • SaaS
        • Sales and CRM
        • Security
        • SMB software
        • Social commerce
        • Social mobile
        • Space
        • Gaming/eSports
        • Travel
        • Games
      • Interview
      • Venture Capital
      No Result
      View All Result
      USTechTimes - Leading Startup and Technology News in the United States
      No Result
      View All Result
      Home Robotics

      Soft Robotics Eyes Global Expansion After Raising $23m

       1,203 total views,  1 views today

      USTechTimes Editor by USTechTimes Editor
      January 21, 2020
      Soft Robotics
      Share on FacebookShare on Twitter

      Soft Robotics Inc, a US-based innovative robotics pioneer, has raised $23 million in an oversubscribed Series B funding that it said will be used to accelerate growth and drive international expansion in core packaging and manufacturing markets.

      FANUC Corp., the world’s largest industrial robot manufacturer, has joined the round, with Calibrate Ventures and Material Impact co-leading. Existing investors Honeywell, Hyperplane, Scale, Tekfen Ventures, and Yamaha also participated.

      Powered by advanced material science and AI, Soft Robotics said its gripping solutions adapt to today’s ever-changing manufacturing supply chain without the cost and complexity of traditional robotic systems.

      Since the company’s inception, its technology platform has experienced substantial customer validation and adoption, with production installations running 24/7 for global customers in food & beverage, advanced manufacturing and e-commerce, and more.

      Soft Robotics previously announced a strategic partnership with FANUC to integrate Soft Robotics’ mGrip adaptable gripper system with any FANUC robot through the deployment of a new controller. The combined product was introduced at IREX in Tokyo, Japan in December 2019.

      “This new funding will allow us to power the next phase of our growth strategy and continue to provide solutions to our customers’ greatest challenges,” said Carl Vause, CEO of Soft Robotics.

      The company holds 15 approved intellectual property patents, 21 pending, and 21 company-owned applications. Its customers include Fortune 500 firms.

      The latest funding brings the company’s total funds raised to date to US$48 million. It first raised US5 million in 2015 in a Series A round followed by US$20 million in 2018.

      Calibrate Ventures is an early-stage venture capital firm investing in advanced, emerging technologies that reshape industries and the future. It invests in great companies nationally but calls Southern California home.

      “We are thrilled to continue to support Soft Robotics in its quest to transform workforce automation and to be playing a part in its future,” said Kevin Dunlap, Co-Founder of Calibrate Ventures.

      Material Impact is a venture capital fund that invests in building companies that transform material technologies into products that make an impact on real-world problems. Material Impact is headquartered in Boston, Massachusetts.

      What’s your thoughts?
      +1
      0
      Upvote
      +1
      0
      Clap
      +1
      0
      Clap
      +1
      0
      On fire
      +1
      0
      Meh
      +1
      0
      Clap
      +1
      0
      Facebook Twitter Email

      Related Posts

      • AMP Robotics
        Sequoia Capital Leads US$16m Funding in Denver's AMP Robotics

        Silicon Valley venture capital firm Sequoia Capital has led the US$16-million Series A funding round…

      • FlashParking
        FlashParking Gets US$60m from Global PE Firm L Catterton

        L Catterton, the largest and most global consumer-focused private equity firm, has invested $60 million…

      Tags: RoboticsVenture Capital
      USTechTimes Editor

      USTechTimes Editor

      USTechTimes.com is an independent new media site that focuses on the latest technology and digital news in the United States and around the world. The site focuses on new startup launching, startup funding, and development in the startup space.

      Related Posts

      Accel roll out a new $4 billion later-stage fund to provide expansion capital to promising startups
      Venture Capital

      Accel roll out a new $4 billion later-stage fund to provide expansion capital to promising startups

      June 23, 2022
      Hospitality robot startup Bear Robotics secures $81 million in fresh funding
      Robotics

      Hospitality robot startup Bear Robotics secures $81 million in fresh funding

      March 17, 2022
      Chinese Tech Crackdown Chokes Crypto as all Digital Currency Termed Illegal
      Cryptocurrency

      Chinese Tech Crackdown Chokes Crypto as all Digital Currency Termed Illegal

      September 25, 2021
      Ambi Robotics Raises $26 million in a Series A Funding Round Led by Tiger Global
      Artificial Intelligence

      Ambi Robotics Raises $26 million in a Series A Funding Round Led by Tiger Global

      September 16, 2021
      U.S. Venture Valuations Hit Records As Giant Funds Back Tech Startups
      Marketplaces

      U.S. Venture Valuations Hit Records As Giant Funds Back Tech Startups

      August 27, 2021
      Pony.ai is planning to go public to raise funds for future advancements
      Cars / autonomous vehicles

      Pony.ai is planning to go public to raise funds for future advancements

      July 6, 2021
      No Result
      View All Result

      Follow Us

      FREE NEWSLETTER

       

      PRODUCTS

      USTechTimes – Leading Startup and Technology News in the United States

      USTechTimes.com is an independent new media site that focuses on the latest technology and digital news in the United States and around the world. The site focuses on new startup launching, startup funding, and development in the startup space.

      More from our network


      • ktd

      • atd

      • itd

      • ktt

      • kgd

      • kpp

      • ktp

      • kpoppost

      • ustechtimes

      Categories

      • Accelerator
      • Animation
      • Apple
      • Applications
      • Artificial Intelligence
      • Advertising
      • AgTech
      • AI
      • Analytics
      • AR/VR

      Tags

      Health Technology Fintech Software investment Robotics AI Artificial Intelligence Healthtech funding US startup
      • About
      • Terms of Use
      • Privacy & Policy
      • Cookie policy
      • “press@ustechtimes.com”.

      © 2023 ustechtimes.com

      No Result
      View All Result
      • Home
      • topics
        • Advertising
        • AgTech
        • AI
        • Analytics
        • AR/VR
        • Biotech
        • Blockchain
        • Cars / autonomous vehicles
        • Clean tech / environment
        • Cloud infrastructure
        • Consumer health & fitness
        • Consumer products
        • Cryptocurrency
        • Data services
        • Developer tools
        • Distributed workforce
        • E-commerce
        • Education
        • Energy tech
        • Enterprise
        • Entertainment & sports
        • Fashion
        • Fintech
        • Food and beverage
        • Games
        • Gaming/eSports
        • Govtech
        • Hardware
        • Health & hospital services
        • Health IT
        • Human capital
        • Impact
        • Insurance
        • IoT
        • Local commerce
        • Lodging/hospitality
        • Logistics
        • Manufacturing
        • Marketing automation
        • Marketplaces
        • Material science
        • Media/content
        • Medical devices
        • Messaging
        • Network infrastructure
        • Parenting/families
        • Payments
        • Pharmaceuticals
        • Real estate/proptech
        • Retail
        • Robotics
        • SaaS
        • Sales and CRM
        • Security
        • SMB software
        • Social commerce
        • Social mobile
        • Space
        • Gaming/eSports
        • Travel
        • Games
      • Interview
      • Venture Capital

      © 2023 ustechtimes.com