About K2 Kinetics
K2 Kinetics is a company based in York (United States) founded in 2011 by Kevin Keller was acquired by JLS Automation in March 2023. K2 Kinetics has raised $500 thousand across 1 funding round from investors including JLS Automation. The company has 35 employees as of December 31, 2022. K2 Kinetics has completed 1 acquisition, including RPM Pack. K2 Kinetics operates in a competitive market with competitors including Vicarious, RightHand Robotics, Agile Robots, Gecko Robotics and Universal Robots, among others.
- Headquarter York, United States
- Employees 35 as on 31 Dec, 2022
- Founders Kevin Keller
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Sectors
Industrial Goods & Manufacturing
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Phone
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Website
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Social
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- Legal Name K2 Kinetics, Llc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$500 K (USD)
in 1 rounds
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Latest Funding Round
$500 K (USD), Seed
Mar 31, 2018
- Investors
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Employee Count
35
as on Dec 31, 2022
- Investments & Acquisitions
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Acquired by
JLS Automation
(Mar 27, 2023)
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Funding Insights of K2 Kinetics
K2 Kinetics has successfully raised a total of $500K through 1 strategic funding round. The most recent funding activity was a Seed round of $500 thousand completed in March 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in K2 Kinetics
K2 Kinetics has secured backing from 1 investor. Prominent investors backing the company include JLS Automation.
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Investor details for K2 Kinetics
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Investments & Acquisitions by K2 Kinetics
K2 Kinetics has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include RPM Pack.
Investment portfolio details for K2 Kinetics
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Robotic packaging machinery is manufactured by RPM.
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Complete acquisition details for K2 Kinetics
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Financial Statements - K2 Kinetics
Detailed financials for K2 Kinetics
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K2 Kinetics Comparisons
Peer comparison for K2 Kinetics
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Competitors of K2 Kinetics
K2 Kinetics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Vicarious, RightHand Robotics, Agile Robots, Gecko Robotics and Universal Robots, among others.
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AI-based robotic arms are developed for industrial automation tasks.
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AI-enabled robotic grippers for object picking are provided.
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Deep learning-based vision for autonomous robot perception is provided.
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Wall-climbing robots are developed for boiler inspections at power plants.
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Collaborative robot arms are provided for industrial applications.
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Motion control, robotics, and system engineering solutions are provided globally.
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Detailed competitors of K2 Kinetics
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Latest news on K2 Kinetics
Complete news archive for K2 Kinetics
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Frequently Asked Questions about K2 Kinetics
K2 Kinetics was founded in 2011 and raised its 1st funding round 7 years after it was founded.
K2 Kinetics is headquartered in York, United States. It is registered at York, Pennsylvania, United States.
K2 Kinetics is a funded company, having raised a total of $500K across 1 funding round to date.
As of Dec 31, 2022, the latest employee count at K2 Kinetics is 35.
K2 Kinetics develops industrial automation and integrated product packaging solution for the CPG industry. It offers three variants of collaborative robots namely UR3, UR5, and UR10. UR3 features a payload capacity of up to Kgs and 360-degree rotations on wrist end joints. UR5 features a payload capacity of up to 5 Kgs and is ideal for optimizing low-weight collaborative processes, such as picking, placing, and testing. UR10 features a payload capacity of up to 10 Kgs and is ideal for bigger tasks. The above-mentioned products feature a patented technology that allows the operator without programming knowledge to set up and operate the robots using 3D visualization. The target market includes product manufacturers and OEMs. Clientele includes Hersheys FedEx, Starbucks Coffee, Stauffers, RICHs, Dairy Farmers of America, Huhtamaki etc.
K2 Kinetics's top competitors include Vicarious, Universal Robots and Yaskawa.
K2 Kinetics has made 1 acquisition, including RPM Pack.
K2 Kinetics has 1 investor. Key investors include JLS Automation.