About OnRobot
OnRobot is a company based in Odense (Denmark) founded in 2015 by Helena Yli-Renko. OnRobot has raised $152.23 million across 12 funding rounds from investors including European Investment Bank, European Union and Danmarks Eksport- og Investeringsfond. OnRobot offers products and services including D:PLOY, Gripping Tools, and Sensors. OnRobot operates in a competitive market with competitors including RightHand Robotics, Soft Robotics, Robotiq, Schunk and Imina, among others.
- Headquarter Odense, Denmark
- Founders Helena Yli-Renko
- Stage Minicorn
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Sectors
Industrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Onrobot A/S
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$152.23 M (USD)
in 12 rounds
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Latest Funding Round
$5.95 M (USD), Series C
Sep 30, 2022
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Investors
European Investment Bank
& 4 more
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Employee Count
Employee Count
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Products & Services of OnRobot
OnRobot offers a comprehensive portfolio of products and services, including D:PLOY, Gripping Tools, and Sensors.
Platform for building and deploying collaborative robot applications.
Tools for robotic gripping in material handling tasks.
Devices for precision and safety in robotic operations.
Funding Insights of OnRobot
OnRobot has successfully raised a total of $152.23M across 12 strategic funding rounds. The most recent funding activity was a Series C round of $5.95 million completed in September 2022. 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.
- Total Funding Total Funding
- Total Rounds 12
- Last Round Series C — $6.0M
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First Round
First Round
(01 Jul 2015)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2022 | Amount | Series C - OnRobot | Valuation | Vaekstfonden |
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| Dec, 2020 | Amount | Series C - OnRobot | Valuation |
investors |
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| Dec, 2019 | Amount | Series B - OnRobot | Valuation | Vaekstfonden , European Investment Bank |
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Investors in OnRobot
OnRobot has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include European Investment Bank, European Union and Danmarks Eksport- og Investeringsfond.
| Investor | Description | Founded Year | Domain | Location |
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Provision of financing, loans, equity, and insurance for Danish export and investment activities.
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Founded Year | Domain | Location | |
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Finance and advisory services for infrastructure projects are provided.
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Founded Year | Domain | Location | |
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Summit Partners is recognized as a growth equity investment firm.
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Founded Year | Domain | Location |
Investments & Acquisitions by OnRobot
Financial Statements - OnRobot
Onrobot Comparisons
Competitors of OnRobot
OnRobot 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 RightHand Robotics, Soft Robotics, Robotiq, Schunk and Imina, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-enabled robotic grippers for object picking are provided.
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| domain | founded_year | HQ Location |
Provider of soft robotic grippers and control systems
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| domain | founded_year | HQ Location |
Tools for automation and flexible robotic grippers are developed.
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| domain | founded_year | HQ Location |
Clamping technology and gripping systems are designed and manufactured.
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| domain | founded_year | HQ Location |
High-precision micromanipulators are developed for nanotechnology and life science research.
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Frequently Asked Questions about OnRobot
OnRobot was founded in 2015.
OnRobot is headquartered in Odense, Denmark.
OnRobot is a funded company, having raised a total of $152.23M across 12 funding rounds to date. The company's 1st funding round was a Series B of $28.9M, raised on Jul 01, 2015.
OnRobot was founded in 2015 in Odense, Denmark, as a provider in the robotics sector. Electric grippers, forcetorque sensors, and vacuum grippers are offered to support automation in areas such as packaging, quality control, material handling, machine tending, palletizing, assembly, and surface finishing. Operations focus on collaborative robotics solutions for industrial applications across various geographies.
OnRobot's top competitors include Soft Robotics, RightHand Robotics and Robotiq.
OnRobot offers D:PLOY, Gripping Tools, and Sensors.
OnRobot has 5 investors. Key investors include European Investment Bank, European Union, Danmarks Eksport- og Investeringsfond, National Science Foundation, and Summit Partners.
The valuation of OnRobot is $90.28M as of Sep 2022.