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) - $113.5MUpdate
|Date||Amount / Round||Valuation||Lead Investor||Investors|
|Apr, 2015||$13.4M / Series D||—||Wellington Management||3|
|Jan, 2015||$26.6M / Series D||—||GE Ventures||8|
|Nov, 2013||$11.5M / Series C||—||Two Sigma Ventures||6|
|Jun, 2012||$30M / Series C||—||Sigma Partners||5|
|Nov, 2010||$20M / Series B||—||Highland Capital Partners||4|
|Aug, 2009||$7M / Series A||—||—||2|
|Aug, 2008||$5M / Series A||—||—||1|
Current Team (8)Update
Board Members and Advisors (4)Update
|Aug 15, 2016||Business Wire - 2016 IDC Innovators for Warehouse Robotics Announced|
|Jun 28, 2016||Japan Today - Tech - Collaborative robots open new fronts in automation|
|Jun 25, 2016||Times of India - Sitemap - Meet Cobots, the 'affordable' robots|
|Jun 24, 2016||The Verge - Tend.ai applies the cloud and machine learning to co-working robots|
|Jun 24, 2016||Business Times of Singapore - Collaborative robots open new fronts in automation|
|Jun 7, 2016||Alley Watch - Welcome to the Age of Personalization|
|Jun 2, 2016||Bloomberg - Robots Are the New Seamstresses|
|May 26, 2016||WRAL Techwire - Vivek Wadhwa: Trump's iPhone manufacturing in US idea isn't crazy|
27-43 Wormwood Street
Boston, MA 02210