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Soft Robotics Inc. Secures $26M In First Close Of Series C Led By Tyson Ventures. Marel And Johnsonville Also Invest And Join Soft Robotics Powerful Syndicate.
Amount Raised
$26 Million
Round Type
Series C
BedfordManufacturingInformation TechnologyAgriculture and FarmingArtificial IntelligenceMachine LearningIndustrial AutomationInvestors
Description
Soft Robotics Inc. (SRI) announced today that it raised $26M in an initial Series C closing and will use the funds to expand commercial deployment of its mGripAITM robotic picking solutions. mGripAI is an easy-to-integrate automation package that combines ultra-fast 3D vision and artificial intelligence technologies with patented and proven, IP69K-rated, soft grasping to give industrial robots the hand-eye coordination of humans. This unprecedented combination of robotic "hands," "eyes," and "brains" enables, for the first time, the use of high-speed industrial arms to automate bulk picking processes throughout protein, produce, dairy, baked goods, and prepared foods operations.
Fundz sees it the moment Soft Robotics raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Soft Robotics raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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