Collaborative Robotics
Collaborative Robotics, founded in 2022, specializes in developing cobots designed to automate tasks in various environments, including warehouses, healthcare, and logistics. They recently raised $100 million in Series B funding led by General Catalyst.
Series B Funding for Collaborative Robotics
Collaborative Robotics announced receiving $100 million in Series B funding. This round was led by General Catalyst and included significant participation from Bison Ventures, Industry Ventures, and Lux Capital. Previously, the company raised $30 million in Series A funding with backing from Sequoia Capital, Khosla Ventures, and Mayo Clinic. The substantial financial support underscores investor confidence in the company's innovative approach to robotics.
Innovative Cobot Technology
Collaborative Robotics focuses on 'human problem solving' rather than preparing humanoid robots. Their first robot is designed to automate the movement of carts, boxes, and totes in various commercial environments like warehouses. The robot employs a zonal compute architecture and industrial-rated sensors, allowing it to operate autonomously and efficiently. Its design incorporates over 70% off-the-shelf parts, showing practical innovation and resourcefulness.
Flywheel Program Phases
Collaborative Robotics launched the Flywheel Program to facilitate the adoption and integration of their cobots. The program includes three phases aimed at providing quick wins and hands-on experience for customers. This structured approach helps clients to harness the benefits of automation efficiently, encompassing initial setup, practical usage, and long-term functionality enhancement.
Applications Across Multiple Sectors
Collaborative Robotics' cobots are versatile and can be adapted to various sectors including bio-tech, healthcare, logistics, manufacturing, and more. In warehouses, these cobots help automate physically demanding tasks, reducing labor shortages and high turnover rates. Furthermore, they are designed to blend naturally into operations in offices, stadiums, hotels, grocery stores, schools, airports, and delivery docks, where they can handle transport, guide guests, and assist with cleaning tasks.
Company History and Team Expertise
Founded in 2022, Collaborative Robotics has quickly grown to a team of 23 experts dedicated to customer success and the development and deployment of their cobot. The team boasts over 175 years of combined experience in robot-building, underlining their significant expertise. Their first robot, which met real-world specifications, autonomously started sensing and moving immediately upon powering up, showcasing the effectiveness and readiness of their technology.