About Modern Robotics
Modern Robotics is a company based in Miami (United States) founded in 2015 by Stephen Barker was acquired by Boxlight in March 2019.. Modern Robotics operates in a competitive market with competitors including Makeblock, Shape Robotics, Robo Wunderkind, Luxrobo and Modular Robotics, among others.
- Headquarter Miami, United States
- Founders Stephen Barker
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Sectors
Technology
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Phone
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Website
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Social
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Funding Insights of Modern Robotics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Modern Robotics
Modern Robotics has secured backing from 1 investor. Prominent investors backing the company include Boxlight. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Interactive classroom technology is developed and provided for education.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Modern Robotics
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Modern Robotics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Modern Robotics Comparisons
Competitors of Modern Robotics
Modern Robotics 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 Makeblock, Shape Robotics, Robo Wunderkind, Luxrobo and Modular Robotics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Robotic kits for coding education are offered by Makeblock.
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Robots are offered for STEAM learning via AI-powered educational platforms.
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Smartphone controlled robotic device for kids to learn coding and robotics
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DIY robot kits for code learning are provided by Luxrobo.
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Modular robot kits are built for children's reconfigurable creations.
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DIY robotic kits are developed for student STEM education.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Modern Robotics
Frequently Asked Questions about Modern Robotics
When was Modern Robotics founded?
Modern Robotics was founded in 2015.
Where is Modern Robotics located?
Modern Robotics is headquartered in Miami, United States. It is registered at Miami, Florida, United States.
Who is the current CEO of Modern Robotics?
Stephen Barker is the current CEO of Modern Robotics. They have also founded this company.
What does Modern Robotics do?
Modern Robotics was founded in 2015 in Miami, United States, focusing on the educational robotics sector. Products such as the Spartan kit, priced at around 195, are offered for school use, including core control modules, distance sensors, touch sensors, color sensors, and programming buttons. Connectivity to PCs or phones is provided for robot programming, along with assorted cables and peripherals.
Who are the top competitors of Modern Robotics?
Modern Robotics's top competitors include Shape Robotics, Robo Wunderkind and Makeblock.
Who are Modern Robotics's investors?
Modern Robotics has 1 investor. Key investors include Boxlight.
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