Relay Robotics forms through acquisition of Savioke R&D and Relay product line
Relay Robotics was formed through the acquisition of Savioke’s R&D organization and Relay service-robot product line.
Why it matters
Relay Robotics acquired Savioke and raised $10 million in Series A funding for service robot expansion.
Evidence notes
- Relay Robotics was formed through the acquisition of Savioke’s robotics R&D organization and Relay product line.
- Savioke co-founder Steve Cousins joined Relay Robotics as chief technology officer to lead product strategy.
- Michael O’Donnell was appointed chairman and chief executive officer of the new company.
Company context
Seeded shell profile from scraped basics. Categories: Service Robotics