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

Mar 08, 2024•almost 2 years ago

Amount Raised

$13 Million

Round Type

series b

Menlo ParkRoboticsArtificial IntelligenceManufacturing

Investors

Main SequenceIag Capital PartnersYamaha Motor Corp.

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.

Company Information

Company

RIOS Intelligent Machines

Location

Menlo Park, California, United States

About

RIOS Intelligent Machines Inc. is an industrial robotics company based in Menlo Park, California. It focuses on providing artificial intelligence and vision-driven robotics for the wood products, beverage distribution, and packaged food products industries.

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Funding Insights

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