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Soft Robotics raises $23M to build out its automation solutions

  • SiliconANGLE
  • 4 months ago
  • Robotics technology startup Soft Robotics Inc. said today it has raised $23 million in new funding to further build out its growth strategy along with further technological development.
  • The Series B round was co-led by Calibrate Ventures and Material Impact and included FANUC Corp., Honeywell, Hyperplane, Scale, Tekfen Ventures and Yamaha.
  • Founded in 2013, Soft Robotics designs and sells automation robotics solutions that works with supply chains ranging from manufacturers through to distributors.
  • Industries where the company’s robotic solutions are deployed include food and beverage, consumer goods and cosmetics manufacturing, and e-commerce supply chains.
Soft Robotics raises $23M to build out its automation solutions