Standard Bots, a company dedicated to transforming robotics through advanced AI systems, has successfully raised $63 million in Series B funding. The round was led by General Catalyst, with significant contributions from the Amazon Industrial Innovation Fund and Samsung Next. This substantial investment will accelerate the company's mission to make sophisticated robotics accessible to businesses of all sizes and support the development of their upcoming AI-powered robots and an extended line of RO3 robotic arms.
Standard Bots has revolutionized robotic automation by addressing the common challenges of complexity, cost, and integration. Traditional robotic systems require detailed programming, which can be a significant barrier for many businesses. Standard Bots simplifies this process through its Programming by Demonstration approach. Users perform tasks they want the robots to learn, and the robots observe and replicate these actions, making robot programming accessible even to those without a coding background.
The integration of advanced AI allows Standard Bots' robots to adapt to a wide range of tasks and environments, unlocking new possibilities for automation. In manufacturing, their robots handle precision assembly and quality control, adjusting in real time to environmental changes. Other potential applications include logistics, commercial dishwashing, and healthcare.
Standard Bots is committed to making advanced robotics available to all businesses, from small enterprises to Fortune 500 companies. Their technology lowers the barriers to entry, offering affordable and easy-to-implement automation solutions.
Designed and assembled in the U.S., Standard Bots takes pride in contributing to the onshoring movement and strengthening domestic manufacturing. Their first robotic arm, RO1, has already demonstrated its versatility and reliability through partnerships with organizations like NASA and Timken.
With this new funding, Standard Bots is poised to further innovate and expand its impact across various industries, bringing the benefits of advanced robotics to a broader audience.
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