Overview

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Total Equity Funding
$113.5M in 7 Rounds from 9 Investors
Most Recent Funding
$13.4M Series D on April 16, 2015
Headquarters:
Boston, MA
Description:
Rethink Robotics develops robots for production and research environments.
Founders:
,
Categories:
Robotics, Manufacturing, Industrial Automation
Website:
http://www.Rethinkrobotics.com
Social:

Company Details

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Rethink Robotics, Inc. helps manufacturers meet the challenges of an agile economy with an integrated workforce, combining trainable, safe and cost-effective robots with skilled labor. Its Baxter robot, driven by Intera, an advanced software platform, gives world-class manufacturers and distributors in automotive, plastics, consumer goods, electronics and more, a workforce multiplier that optimizes labor. With Rethink Robotics, manufacturers increase flexibility, lower costs and can invest in skilled labor—all advantages in fueling continuous innovation and sustainable competitive advantage.

Committed to accelerating robotics innovation in manufacturing and beyond, Rethink Robotics’ Baxter Research Robot gives academic and corporate research environments a humanoid robot platform with integrated sensors and an open software development kit for creating custom applications.

Based in Boston, Massachusetts, the company is funded by Bezos Expeditions, Charles River Ventures, Highland Capital Partners, Sigma Partners, Draper Fisher Jurvetson, and Two Sigma Ventures. For more information about Rethink Robotics, visit www.rethinkrobotics.com.

Funding Rounds (7) - $113.5M

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DateAmount / RoundValuationLead InvestorInvestors
Apr, 2015$13.4M / Series D3
Jan, 2015$26.6M / Series D8
Nov, 2013$11.5M / Series C6
Jun, 2012$30M / Series C5
Nov, 2010$20M / Series B4
Aug, 2009$7M / Series A2
Aug, 2008$5M / Series A1

Current Team (8)

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Board Members and Advisors (4)

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Products (2)

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  • Baxter Research Robot™ as an open source humanoid platform for development and teaching purposes.
  • Sawyer is a significant addition to the Rethink Robotics family of smart collaborative robotics

Offices/Locations (1)

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  • Office

    27-43 Wormwood Street

    Boston, MA 02210

    USA

Past Team (4)

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Past Event Appearances (2)

Images (8)

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