RE2 Robotics

Pittsburgh, United States Founded: 2001 • Age: 25 yrs Acquired By Sarcos
Robotic manipulation systems are provided for defense and EOD applications.
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About RE2 Robotics

RE2 Robotics is a company based in Pittsburgh (United States) founded in 2001 was acquired by Sarcos in March 2022.. 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 as of December 31, 2020. RE2 Robotics operates in a competitive market with competitors including Sarcos, UBTECH, Agility Robotics, Softbank Robotics and CloudMinds, among others.

  • Headquarter Pittsburgh, United States
  • Employees 64 as on 31 Dec, 2020
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Re2, Inc.
Operational Areas
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $4.75 M (USD)

    in 14 rounds

  • Latest Funding Round
  • Investors
    Sarcos

    & 12 more

  • Employee Count
    64

    as on Dec 31, 2020

  • Acquired by
    Sarcos

    (Mar 28, 2022)

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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
  • Total Rounds 14
  • Last Round
  • First Round

    (18 Aug 2014)

  • Investors Count 12
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2021 Amount Grant - RE2 Robotics Valuation

investors

Sep, 2021 Amount Grant - RE2 Robotics Valuation

investors

Sep, 2021 Amount Grant - RE2 Robotics Valuation

investors

ONR
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

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. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
US focused early stage VC investments company
Founded Year Domain Location
Early-stage venture capital funding is provided by Riverfront Ventures.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by RE2 Robotics

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - RE2 Robotics

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Re2 Robotics Comparisons

Employees
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Competitors of RE2 Robotics

RE2 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 Sarcos, UBTECH, Agility Robotics, Softbank Robotics and CloudMinds, 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
domain founded_year HQ Location
Multi-utility robots are developed for industrial applications.
domain founded_year HQ Location
Service robots for education, home assistance, and security are developed.
domain founded_year HQ Location
Bipedal robots are developed for locomotion, navigation, and manipulation applications.
domain founded_year HQ Location
Humanoid social robots are provided for homes and businesses.
domain founded_year HQ Location
Cloud-connected service robots and AI platforms are provided.
domain founded_year HQ Location
Mobile robots are manufactured for industries including healthcare and agriculture.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Re2 Robotics

Frequently Asked Questions about RE2 Robotics

When was RE2 Robotics founded?

RE2 Robotics was founded in 2001 and raised its 1st funding round 13 years after it was founded.

Where is RE2 Robotics located?

RE2 Robotics is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.

Is RE2 Robotics a funded company?

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 $9.5M, raised on Aug 18, 2014.

How many employees does RE2 Robotics have?

As of Dec 31, 2020, the latest employee count at RE2 Robotics is 64.

What does RE2 Robotics do?

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.

Who are the top competitors of RE2 Robotics?

RE2 Robotics's top competitors include Agility Robotics, UBTECH and Apptronik.

Who are RE2 Robotics's investors?

RE2 Robotics has 13 investors. Key investors include Sarcos, US Navy, U.S Army, DOE, and Draper Triangle.

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