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Overview
Growing labor shortages combined with the rising complexity of material handling and fulfillment mean that manufacturing and logistics businesses need a palletizing solution that can adapt to their evolving needs. Rapid Robotics is a full-service robotic palletizing company deploying fleets of affordable robotic workcells designed to respond to the dynamic conditions of today's business.
Rapid’s AI, vision-based platform was created to handle a wide range of palletizing use cases. With the option of a RaaS business model combined with pioneering speed, service, and support it becomes possible to increase capacity and predictability at the end of the line without the risk and complexity of owning and maintaining robots.
About
Manufacturing, Robotics, Industrial Automation
2019
51-100
Headquarters locations
United States, North America
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Profile Resume
Rapid Robotics headquartered in United States, North America, operates in the Manufacturing, Robotics, Industrial Automation sector. The company focuses on Manufacturing and has secured $2.6B in funding across 48 round(s). With a team of 51-100 employees, Rapid Robotics is actively contributing to advancements in Manufacturing. Their latest funding round, Series B - Rapid Robotics, raised $36.7M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
4
6
0
$54.2M
Details
4
Rapid Robotics has raised a total of $54.2M in funding over 4 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2020 | Seed | 5.5M | ||
2019 | Seed | |||
2021 | Early Stage Venture | 12.0M | ||
2021 | Early Stage Venture | 36.7M |
Investors
Rapid Robotics is funded by 24 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
New Enterprise Associates | - | FUNDING ROUND - New Enterprise Associates | 36.7M |
468 Capital | - | FUNDING ROUND - 468 Capital | 36.7M |
Rapid Robotics | - | FUNDING ROUND - Rapid Robotics | 36.7M |
Greycroft | - | FUNDING ROUND - Greycroft | 36.7M |
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