Soft Robotics

Cambridge, United States Founded: 2013 • Age: 13 yrs
Provider of soft robotic grippers and control systems
Annual revenue - Latest available
Total funding $84.0M 5 rounds
Employees - Tracked headcount
Investors 16 Known backers
Products 2 Services tracked
Competitors 5 Brand Intelligence

About Soft Robotics

Soft Robotics is a company based in Cambridge (United States) founded in 2013. Soft Robotics has raised $84 million across 5 funding rounds from investors including Honeywell, ABB and Marel. Soft Robotics offers products and services including Visual AI Inspection Systems and Vision-Guided Pick & Place Robotic Systems. Soft Robotics operates in a competitive market with competitors including Omnigrasp, Soft Robot Gripper, Snap Robotics and Punyo, among others.

  • Headquarter Cambridge, United States
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
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  • Website
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  • Social
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  • Legal Name Soft Robotics, Inc.
Operational Areas
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $84 M (USD)

    in 5 rounds

  • Latest Funding Round
    $26 M (USD), Series C

    Nov 17, 2022

  • Investors
    Honeywell

    & 15 more

  • Employee Count
    Not available
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Products & Services of Soft Robotics

Soft Robotics offers a comprehensive portfolio of products and services, including Visual AI Inspection Systems and Vision-Guided Pick & Place Robotic Systems.

Product name locked
Category locked
Primary

Enables automated quality checks in manufacturing environments

Product name locked
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Facilitates precise robotic movements for assembly tasks

People of Soft Robotics

Headcount 50-200
Employee Profiles 29
Employee Profiles
People
Alex Neufeld
Senior Application Engineer
People
Austin Harvey
VP of Product & Marketing
People
Erica Burns
Director Of Quality & Regulatory
People
Mark Chiappetta
COO & CTO

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Funding Insights of Soft Robotics

Soft Robotics has successfully raised a total of $84M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $26 million completed in November 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.

Investors in Soft Robotics

Soft Robotics has secured backing from 16 investors, including venture fund and institutional investors. Prominent investors backing the company include Honeywell, ABB and Marel.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Tyson Ventures is engaged in private investment and advisory services.
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Early-stage venture capital investments are focused on US companies.
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Tech-focused VC firm funding companies in the US
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Investor details for Soft Robotics

Investor domains, locations, round participation, and complete history require an active premium plan.

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Investments & Acquisitions by Soft Robotics

Investments
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Investment portfolio details for Soft Robotics

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  • Transaction dates
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Financial Statements - Soft Robotics

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Detailed financials for Soft Robotics

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Soft Robotics Comparisons

Soft Robotics Primary company
Description
Provider of soft robotic grippers and control systems
Location
Cambridge, United States
Founded Year
2013
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Soft Robotics

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Competitors of Soft Robotics

Soft 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 Omnigrasp, Soft Robot Gripper, Snap Robotics and Punyo, among others.

Company Name Domain Founded year HQ Location Description
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Electroadhesion-based soft grippers are manufactured for industrial applications.
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Develops and manufactures soft robot grippers for industrial automation applications worldwide.
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Creates soft grippers for food assembly, electronics packaging, and waste processing.
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Provides innovative solutions for soft robotic grippers.
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Detailed competitors of Soft Robotics

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Latest news on Soft Robotics

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Complete news archive for Soft Robotics

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Frequently Asked Questions about Soft Robotics

Soft Robotics was founded in 2013 and raised its 1st funding round 2 years after it was founded.

Soft Robotics is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.

Soft Robotics is a funded company, having raised a total of $84M across 5 funding rounds to date.

Soft Robotics was founded in 2013 in Cambridge, United States, within the robotics sector focused on warehouse logistics automation. Soft robotic grippers with food-safe, air-actuated elastomeric ends are developed to handle objects varying in size, shape, and weight. Control systems and software solutions are offered to adjust parameters such as force, actuator spacing, and opening width, supporting industrial applications.

Soft Robotics's top competitors include Omnigrasp, Soft Robot Gripper and Snap Robotics.

Soft Robotics offers Visual AI Inspection Systems and Vision-Guided Pick & Place Robotic Systems.

Soft Robotics has 16 investors. Key investors include Honeywell, ABB, Marel, Taylor Farms, and FANUC.

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