RIOS, a developer of dexterous AI-powered robots for automating assembly lines, has come out of stealth mode and raised $5 million in venture funding.
RIOS, which spun out of Stanford University and was founded by former Xerox PARC engineers, helps customers automate their factories, warehouses, and supply chain operations by installing what it describes as a “new class of highly-dexterous robots” that handle hard-to-automate tasks in unstructured environments.
RIOS not only automates individual lines, but also builds “lights out” factories by partnering with its network of systems integrators. [Read more…] about RIOS raises $5 million to launch robots with ‘human-level dexterity’
