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Industries
Robotics & Automation
Industrial & Manufacturing
Company Size
51-200
Company Stage
Series B
Total Funding
$87M
Headquarters
Glen Cove, New York
Founded
2016
Standard Bots provides robotic automation solutions tailored for small to medium-sized enterprises (SMEs). Their main product, the RO1 collaborative robot, is designed to perform various repetitive or hazardous tasks such as machine tending, pick and place operations, and inspection. The RO1 is equipped with a camera and is user-friendly, requiring no programming skills to operate. Standard Bots uses a subscription-based model, starting at $500 per month, which includes the robot along with support and maintenance services. This approach makes advanced robotics more accessible to businesses without the burden of high upfront costs. The company's focus on simplicity, affordability, and exceptional customer support sets it apart from competitors, aiming to help businesses enhance efficiency and reduce labor costs.
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Total Funding
$87M
Above
Industry Average
Funded Over
2 Rounds
Industry standards
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Standard Bots opening new manufacturing facility in New York.
At The Automate Show, Standard Bots will demonstrate its in-house-developed physical AI, a groundbreaking technology designed specifically for its robots and powered by the NVIDIA Isaac platform.
Listen to this articleAWS and Isaac Sim can help accelerate robotics development, says NVIDIA. NVIDIA Corp. today announced at AWS re:Invent enhanced tools for robotics developers, as well as the availability of NVIDIA DGX Cloud on Amazon Web Services and offerings for artificial intelligence and quantum computing. The company said that NVIDIA Isaac Sim is now available on NVIDIA L40S graphics processing units (GPUs) in Amazon Elastic Cloud Computing (EC2) G6e instances. It said this could double scaling robotics simulation and accelerate AI model training. Isaac Sim is a reference application built on NVIDIA Omniverse for developers to simulate and test AI-driven robots in physically based virtual environments
Standard Bots, an AI-powered robotics startup, has raised $39M in Series B funding from investors that include led by General Catalyst.
Listen to this articleStandard Robots’ RO1 collaborative robot is currently in production. | Source: Standard Bots. Standard Bots this week raised more than $63 million in total funding. Its new Series B round was led by General Catalyst and included participation from the Amazon Industrial Innovation Fund and Samsung Next. The Glen Cove, N.Y.-based company plans to use the fresh funding to expand its engineering team, accelerate the development of its series of next-generation robots in new sizes, and enhance the proprietary platform that makes these robots intuitive for everyday use
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Industries
Robotics & Automation
Industrial & Manufacturing
Company Size
51-200
Company Stage
Series B
Total Funding
$87M
Headquarters
Glen Cove, New York
Founded
2016
Find jobs on Simplify and start your career today