About RE2 Robotics
RE2 Robotics is an Industrial Goods & Manufacturing company based in Pittsburgh (United States) founded in 2001, and was acquired by Sarcos in March 2022. Robotic manipulation systems are provided for defense and EOD applications. RE2 Robotics has raised $4.75 million across 14 funding rounds from investors including Sarcos, US Navy and U.S Army. The company has 64 employees. Its focus areas include High Tech, Professional Service Robots and Multi Utility. Its legal entity is RE2, Inc. Its competitors include Sarcos, Agility Robotics and CloudMinds; 3 of its 3 listed competitors have raised funding.
Company details
RE2 Robotics was founded in 2001 in Pittsburgh, United States, within the robotics sector focused on defense. Manipulators, end-effectors, and control systems are developed for integration with EOD robots, which are deployed in Afghanistan. Contracts have been secured with US Department of Defense branches, including Navy, Army, Air Force, and DARPA, for manipulation technologies. A grant from the US Army supports development of robotic aids for combat medics.
- Headquarters Pittsburgh, United States
- Employees 64
- Stage Acquired
- SectorsIndustrial Goods & Manufacturing
- Website resquared.com
- Social LinkedIn Facebook
- Acquired by Sarcos (Mar 2022)
- Legal Name Re2, Inc.
Funding Insights of RE2 Robotics
RE2 Robotics has successfully raised a total of $4.75M across 14 strategic funding rounds. 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 $4.75M
- Total Rounds 14
- First Round $2.25M
(Aug 2014)
- Investors Count 12
Latest 10 of 14 funding rounds of RE2 Robotics with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2021 | Grant | – | – | ||
| Sep 2021 | $1.5M | Grant | – | – | |
| Sep 2021 | $9.5M | Grant | – | – | |
| Aug 2021 | $1M | Grant | – | – | |
| Mar 2021 | $1.9M | Grant | – | – | |
| Jan 2021 | Series A | – | – | – | |
| Jun 2020 | $2.5M | Series A | – | – | – |
| May 2019 | $3M | Grant | – | – | |
| Aug 2017 | $1.3M | Grant | – | – | |
| Feb 2016 | $1M | Grant | – | – |
13 investors in total: 13 institutional.
Investors in RE2 Robotics
RE2 Robotics has secured backing from 13 investors, including institutional and venture fund investors. Prominent investors backing the company include Sarcos, US Navy and U.S Army.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| sbir.nih.gov | ||||
US focused early stage VC investments company | 1999 | drapertriangle.com | Pittsburgh, United States | |
Early-stage venture capital funding is provided by Riverfront Ventures. | riverfrontventures.com | Pittsburgh, United States | ||
Investments are focused on robotics and automation sectors. | startbot.io | Pittsburgh, United States | ||
Software, hardware, and life sciences startups are funded and accelerated. | 1999 | innovationworks.org | Pittsburgh, United States | |
Naval defense operations are conducted for national security. | 1794 | navy.mil | ||
| https://www.sbir.gov/ | ||||
| onr.navy.mil | ||||
Land-based military forces are organized and deployed for national defense. | 1775 | army.mil | ||
Energy sources and policies are managed by the DOE. | 1977 | energy.gov |
Investor details for RE2 Robotics
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Timeline of RE2 Robotics
4 dated milestones of RE2 Robotics across 21 years, from founding to its latest funding, stage changes and deals.
- Founded RE2 Robotics is founded.
- Funding First funding round of $2.2M.
- Funding Latest funding round, Grant,.
- Exit Acquired by Sarcos.
Competitors of RE2 Robotics
RE2 Robotics has 3 listed competitors in our database, 3 of them funded. They include Sarcos, Agility Robotics and CloudMinds.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sarcos.com | 2015 | Salt Lake, United States | $85.72M | 152 | Multi-utility robots are developed for industrial applications. | |
| agilityrobotics.com | 2015 | Albany, United States | $180M | 225 | Bipedal robots are developed for locomotion, navigation, and manipulation applications. | |
| cloudminds.com | 2015 | Santa Clara, United States | $726.81M | Cloud-connected service robots and AI platforms are provided. |
Detailed competitors of RE2 Robotics
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- Full competitor set
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Web traffic of RE2 Robotics
Websites that share an audience with RE2 Robotics (resquared.com).
Websites whose visitors overlap most with RE2 Robotics. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
mrpt.org | mrpt.org | 100% | #3,122,070 | – | |
| gogoair.com | 58% | 51.9K | #729,655 | View details |
Top companies in Industrial Automation & Robotics
3 companies that operate in the same segment as RE2 Robotics (Industrial Automation & Robotics) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Autonomous humanoid robots are developed for commercial deployment. | 2022 | Sunnyvale, California, United States | USD 1.75 B | 939 | ||
Human performance is enhanced through awareness-based methods and tools. | 2024 | San Francisco, California, United States | USD 1.07 B | 361 | ||
Developer of LiDAR-based sensors | 2002 | San Francisco, California, United States | USD 129 M | USD 169.38 M | 192 |
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Related news about Re2 Robotics
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Frequently Asked Questions about RE2 Robotics
RE2 Robotics was founded in 2001 and raised its 1st funding round 13 years after it was founded.
RE2 Robotics is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.
RE2 Robotics is a funded company, having raised a total of $4.75M across 14 funding rounds to date. The company's 1st funding round was a Grant of $1M, raised on Aug 2014.
RE2 Robotics has 64 employees.
RE2 Robotics was founded in 2001 in Pittsburgh, United States, within the robotics sector focused on defense. Manipulators, end-effectors, and control systems are developed for integration with EOD robots, which are deployed in Afghanistan. Contracts have been secured with US Department of Defense branches, including Navy, Army, Air Force, and DARPA, for manipulation technologies. A grant from the US Army supports development of robotic aids for combat medics.
RE2 Robotics's top competitors include Agility Robotics, Sarcos and CloudMinds.
RE2 Robotics has 13 investors. Key investors include Sarcos, US Navy, U.S Army, DOE, and Draper Triangle.
RE2 Robotics operates through Re2, Inc..
Yes. RE2 Robotics was acquired by Sarcos in March 2022.