Standard Bots has raised $63 million in total funding, with its recent Series B round led by General Catalyst with participation from Amazon Industrial Innovation Fund and Samsung Next.
The company has already successfully launched its RO1 robotic arm and is now preparing to bring its new AI-powered robots to market, unlocking use cases and industries untouched by traditional robotics, such as complex assembly, food preparation, or dishwashing.
Standard Bots designs and assembles collaborative robotic arms in the United States to transform industrial sectors such as manufacturing. The company is also developing a transformer-based model that leverages the power of AI to enhance robotic capabilities. [Read more…] about Standard Bots secures $63 million in funding