About Reach Robotics
Reach Robotics is a company based in Glebe (Australia) founded in 2013 by Arnaud Didey, Paul Phillips, and Mark Sproule. Reach Robotics has raised $9.92 million across 3 funding rounds from investors including Qualcomm, NCSOFT and Korea Investment Holdings. Reach Robotics offers products and services including Reach X Manipulator, Reach Bravo Manipulator, Reach Alpha Manipulator, and Command Pods. Reach Robotics operates in a competitive market with competitors including RightHand Robotics, Agile Robots, Bright Machines, Gecko Robotics and Vicarious, among others.
- Headquarter Glebe, Australia
- Founders Arnaud Didey, Paul Phillips, Mark Sproule
- Stage Minicorn
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Sectors
TechnologyIndustrial 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 Reach Robotics Limited
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
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Total Equity Funding
$9.92 M (USD)
in 3 rounds
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Latest Funding Round
$7.9 M (USD), Series A
Jun 13, 2017
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Investors
Qualcomm
& 8 more
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Employee Count
Not available
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Products & Services of Reach Robotics
Reach Robotics offers a comprehensive portfolio of products and services, including Reach X Manipulator, Reach Bravo Manipulator, Reach Alpha Manipulator, and Command Pods.
Enables adaptive remote intervention for critical forces in underwater environments.
Facilitates rugged electric manipulation for inspection, maintenance, and repair operations.
Provides lightweight electric system for advanced manipulation in confined spaces.
Offers intuitive controllers for dual-manipulator systems on ROVs.
Funding Insights of Reach Robotics
Reach Robotics has successfully raised a total of $9.92M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $7.9 million completed in June 2017. 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 Reach Robotics
Reach Robotics has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Qualcomm, NCSOFT and Korea Investment Holdings.
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Tech and life Science focused early stage VC firm investing in the US
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Gaming-focused venture capital investments are made by LVP.
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Tech focused Early stage VC Firm investing in Europe and the UK
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Investor details for Reach Robotics
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Investments & Acquisitions by Reach Robotics
Investment portfolio details for Reach Robotics
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Financial Statements - Reach Robotics
Detailed financials for Reach Robotics
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Reach Robotics Comparisons
Peer comparison for Reach Robotics
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Competitors of Reach Robotics
Reach 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 RightHand Robotics, Agile Robots, Bright Machines, Gecko Robotics and Vicarious, among others.
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AI-enabled robotic grippers for object picking are provided.
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Deep learning-based vision for autonomous robot perception is provided.
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Full-stack automation solutions for electronics manufacturing are provided.
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Wall-climbing robots are developed for boiler inspections at power plants.
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AI-based robotic arms are developed for industrial automation tasks.
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Intelligent automation solutions for industrial robots are developed and provided.
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Detailed competitors of Reach Robotics
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Latest news on Reach Robotics
Complete news archive for Reach Robotics
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Frequently Asked Questions about Reach Robotics
Reach Robotics was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Reach Robotics is headquartered in Glebe, Australia. It is registered at Glebe, New South Wales, Australia.
Paul Phillips is the current CEO of Reach Robotics. They have also founded this company.
Reach Robotics is a funded company, having raised a total of $9.92M across 3 funding rounds to date.
Reach Robotics was founded in 2013 in Glebe, Australia, to design and develop gaming robots. Operations focus on products like Mecha Monsters, which are controlled via smartphones and tablets through a Bluetooth-enabled app incorporating augmented reality. Robots are upgraded with levels, armor, and weapons during battles. A developer software is provided for creating custom motions in the robotics sector.
Reach Robotics's top competitors include Vicarious, Yaskawa and Gecko Robotics.
Reach Robotics offers Reach X Manipulator, Reach Bravo Manipulator, Reach Alpha Manipulator, and Command Pods.
Reach Robotics has 9 investors. Key investors include Qualcomm, NCSOFT, Korea Investment Holdings, Techstars, and Qualcomm Ventures.
The valuation of Reach Robotics is $29.05M as of Jun 2017.