About Rethink Robotics
Rethink Robotics is a company based in Boston (United States) founded in 2008 was acquired by HAHN Group in October 2018. Rethink Robotics has raised $149.52 million across 7 funding rounds from investors including Goldman Sachs, General Electric and Bezos Expeditions. The company has 51 employees as of December 31, 2022. Rethink Robotics operates in a competitive market with competitors including RightHand Robotics, Agile Robots, Gecko Robotics, Bright Machines and Vicarious, among others.
- Headquarter Boston, United States
- Employees 51 as on 31 Dec, 2022
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Sectors
Industrial Goods & Manufacturing
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Phone
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Website
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Social
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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
$149.52 M (USD)
in 7 rounds
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Latest Funding Round
$36.02 M (USD), Series E
Aug 18, 2017
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Investors
Goldman Sachs
& 10 more
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Employee Count
51
as on Dec 31, 2022
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Acquired by
HAHN Group
(Oct 25, 2018)
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People of Rethink Robotics
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Funding Insights of Rethink Robotics
Rethink Robotics has successfully raised a total of $149.52M across 7 strategic funding rounds. The most recent funding activity was a Series E round of $36.02 million completed in August 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 Rethink Robotics
Rethink Robotics has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, General Electric and Bezos Expeditions.
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CRV is recognized as a venture capital firm investing in technology startups.
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Venture capital investment and entrepreneur support services.
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Investor details for Rethink Robotics
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Investments & Acquisitions by Rethink Robotics
Investment portfolio details for Rethink Robotics
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Financial Statements - Rethink Robotics
Detailed financials for Rethink Robotics
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Rethink Robotics Comparisons
Peer comparison for Rethink Robotics
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Competitors of Rethink Robotics
Rethink 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, Gecko Robotics, Bright Machines 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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Wall-climbing robots are developed for boiler inspections at power plants.
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Full-stack automation solutions for electronics manufacturing are provided.
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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 Rethink Robotics
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Latest news on Rethink Robotics
Complete news archive for Rethink Robotics
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Frequently Asked Questions about Rethink Robotics
Rethink Robotics was founded in 2008.
Rethink Robotics is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Rethink Robotics is a funded company, having raised a total of $149.52M across 7 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Rethink Robotics is 51.
Rethink Robotics was founded in 2008 in Boston, United States, focusing on robotics for the manufacturing sector. Affordable, safe humanoid robots like Baxter are produced, allowing training via demonstration to simplify integration and cut costs. A research edition supports studies in human-robot collaboration, perception, and control for academic and corporate teams. Notable clients include Steelcase, GE, and John Deere. Investment has been secured from Bezos Expeditions.
Rethink Robotics's top competitors include Vicarious, Yaskawa and Gecko Robotics.
Rethink Robotics has 11 investors. Key investors include Goldman Sachs, General Electric, Bezos Expeditions, CRV, and Highland Capital Partners.