Rapid Robotics raises $36.7 million Series B
Rapid Robotics raised $36.7 million in Series B financing to expand its robotic machine-operator service for manufacturers.
Why it matters
Rapid Robotics raised a $36.7 million Series B to expand its robotic manufacturing automation business.
Verified eventRapid RoboticsAug 18, 2021
Evidence notes
- Kleiner Perkins and Tiger Global co-led the Series B, joined by NEA, Greycroft, Bee Partners and 468 Capital.
- The $36.7 million round brought Rapid Robotics total disclosed funding to $54.2 million.
- The company positioned Rapid Machine Operator as a robotics-as-a-service workcell that manufacturers could deploy without in-house programming expertise.
Company context
Preconfigured robotic workcells for machine tending and repetitive factory operations.