About Modular Robotics
Modular Robotics is a company based in Boulder (United States) founded in 2008. Modular Robotics has raised $9.1 million across 13 funding rounds from investors including National Science Foundation and Foundry. Modular Robotics has completed 1 acquisition, including Dexter Industries. Modular Robotics offers products and services including Cubelets Robot Blocks, Cubelets Apps, Discovery Set, and Curiosity Set. Modular Robotics operates in a competitive market with competitors including Makeblock, Robo Wunderkind, Luxrobo, Avishkaar and Shape Robotics, among others.
- Headquarter Boulder, United States
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Sectors
TechnologyEducation
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Phone
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Website
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Social
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- Legal Name Modular Robotics Incorporated
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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
$9.1 M (USD)
in 13 rounds
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Latest Funding Round
$3.1 M (USD), Series A
Nov 13, 2014
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Investors
National Science Foundation
& 1 more
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Employee Count
Not available
- Investments & Acquisitions
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Products & Services of Modular Robotics
Modular Robotics offers a comprehensive portfolio of products and services, including Cubelets Robot Blocks, Cubelets Apps, Discovery Set, and Curiosity Set.
Modular blocks for building and programming robots educationally
Applications for enhancing robot block behaviors and coding
Introductory set for exploring basic robotics concepts
Set for advanced robot building and experimentation
People of Modular Robotics
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Funding Insights of Modular Robotics
Modular Robotics has successfully raised a total of $9.1M across 13 strategic funding rounds. The most recent funding activity was a Series A round of $3.1 million completed in November 2014. 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 Modular Robotics
Modular Robotics has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include National Science Foundation and Foundry.
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Venture capital is invested in early-stage tech startups.
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A government-backed foundation providing seed-stage investments to support small businesses.
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Investor details for Modular Robotics
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Investments & Acquisitions by Modular Robotics
Modular Robotics has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Dexter Industries.
Investment portfolio details for Modular Robotics
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Educational Robotics kits for different platforms
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Complete acquisition details for Modular Robotics
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Financial Statements - Modular Robotics
Detailed financials for Modular Robotics
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Modular Robotics Comparisons
Peer comparison for Modular Robotics
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Competitors of Modular Robotics
Modular 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, Robo Wunderkind, Luxrobo, Avishkaar and Shape Robotics, among others.
| 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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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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Robotics, AI, and coding STEM kits and courses are retailed.
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Robots are offered for STEAM learning via AI-powered educational platforms.
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Detailed competitors of Modular Robotics
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Latest news on Modular Robotics
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Frequently Asked Questions about Modular Robotics
Modular Robotics was founded in 2008.
Modular Robotics is headquartered in Boulder, United States. It is registered at Boulder, Colorado, United States.
Modular Robotics is a funded company, having raised a total of $9.1M across 13 funding rounds to date.
Modular Robotics was founded in 2008 in Boulder, United States, within the educational robotics sector. Robot construction kits are developed, featuring combinable sensors, logic blocks, and actuators that enable children to assemble reconfigurable robots displaying complex behaviors. Operations focus on two product lines: Moss, which includes 16 pieces and 56 steel spheres for proximity- or light-responsive builds; and Droplets, consisting of modular robotic blocks for custom constructions.
Modular Robotics's top competitors include Shape Robotics, Robo Wunderkind and Makeblock.
Modular Robotics offers Cubelets Robot Blocks, Cubelets Apps, Discovery Set, and Curiosity Set.
Modular Robotics has made 1 acquisition, including Dexter Industries.
Modular Robotics has 2 investors. Key investors include National Science Foundation, and Foundry.