RIOS Intelligent Machines raises $13M in Series B funding led by Yamaha Motor Corp. and IAG Capital Partners to develop AI and vision-driven robotics
Amount Raised
$13 Million
Round Type
Series B
Menlo ParkManufacturingSoftwareData And AnalyticsScience And EngineeringArtificial IntelligenceRoboticsInvestors
Description
RIOS Intelligent Machines Inc. has raised $13 million in Series B funding, co-led by Yamaha Motor Corp. and IAG Capital Partners. The funding will be used to develop artificial intelligence and vision-driven robotics, starting with products for the lumber and plywood-handling sector.
Quick answer
RIOS raised $13 Million in a Series B round, dated March 8, 2024. Investors: Main Sequence, IAG Capital Partners and Yamaha Motor Corp. RIOS is based in Menlo Park, California, United States.
- How much did RIOS raise?
- RIOS raised $13 Million in a Series B round on March 8, 2024.
- Who invested in RIOS?
- Main Sequence, IAG Capital Partners and Yamaha Motor Corp. are named as investors in this round.
- What does RIOS do?
- RIOS Intelligent Machines was founded with a mission to completely transform labor-intensive factories into smart factories of the future powered by robotics and AI.
- Where is RIOS based and how big is it?
- RIOS is based in Menlo Park, California, United States.
- Who are the decision-makers at RIOS?
- Fundz holds 1 contact at RIOS. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Data And Analytics and Science And Engineering around the same time
Companies in the same sectors as RIOS that raised within 45 days of this round, from Fundz verified event records.
- Integration raised $17M (Series C) on April 12, 2024.
- Nucleai raised $14M (Funding Round) on April 3, 2024.
- Celestial AI raised $175M (Series C) on March 27, 2024.
- Celestial AI raised $174M on March 26, 2024.
- Zephyr AI, Inc. raised $111M (Series A) on March 13, 2024.
- Neuron7.ai raised an undisclosed amount (Corporate Round) on March 11, 2024.
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Funding Insights
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