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
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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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- Legal Name Soft Robotics, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$84 M (USD)
in 5 rounds
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Latest Funding Round
$26 M (USD), Series C
Nov 17, 2022
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Investors
Honeywell
& 15 more
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Employee Count
Employee Count
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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.
Enables automated quality checks in manufacturing environments
Facilitates precise robotic movements for assembly tasks
People of Soft Robotics
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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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series C — $26.0M
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First Round
First Round
(16 Dec 2015)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2022 | Amount | Series C - Soft Robotics | Valuation | Tyson Ventures | |
| Jun, 2021 | Amount | Series B - Soft Robotics | Valuation | Material Impact , Scale Venture Partners | |
| Jan, 2020 | Amount | Series B - Soft Robotics | Valuation | Calibrate Ventures , Material Impact |
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Tyson Ventures is engaged in private investment and advisory services.
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Founded Year | Domain | Location | |
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Early-stage venture capital investments are focused on US companies.
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Founded Year | Domain | Location | |
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Tech-focused VC firm funding companies in the US
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Founded Year | Domain | Location |
Investments & Acquisitions by Soft Robotics
Financial Statements - Soft Robotics
Soft Robotics Comparisons
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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Electroadhesion-based soft grippers are manufactured for industrial applications.
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| domain | founded_year | HQ Location |
Develops and manufactures soft robot grippers for industrial automation applications worldwide.
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| domain | founded_year | HQ Location |
Creates soft grippers for food assembly, electronics packaging, and waste processing.
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| domain | founded_year | HQ Location |
Provides innovative solutions for soft robotic grippers.
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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. The company's 1st funding round was a Series B of $23M, raised on Dec 16, 2015.
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.