About Universal Robots
Universal Robots is a company based in Odense (Denmark) founded in 2005 by Esben Ostergaard was acquired by Teradyne in May 2015. Universal Robots has raised $5.31 million across 7 funding rounds from investors including Teradyne, Danmarks Eksport- og Investeringsfond and Syddansk Innovation. The company has 7 employees as of April 02, 2024. Universal Robots offers products and services including UR3e, UR5e, UR10e, and AI Accelerator. Universal Robots operates in a competitive market with competitors including Vicarious, RightHand Robotics, Agile Robots, Gecko Robotics and Yaskawa, among others.
- Headquarter Odense, Denmark
- Employees 7 as on 02 Apr, 2024
- Founders Esben Ostergaard
- Stage Minicorn
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Sectors
Industrial 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 Universal Robots (India) Private Limited
- Date of Incorporation 31 Jan, 2014
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$489.25 K (USD)18.88as on Dec 31, 2023
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Net Profit
$32.62 K (USD)16.44as on Dec 31, 2023
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EBITDA
$55.44 K (USD)14.7as on Dec 31, 2023
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Total Equity Funding
$5.31 M (USD)
in 7 rounds
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Latest Funding Round
$335.59 K (USD), Seed
Apr 14, 2015
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Investors
Teradyne
& 2 more
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Employee Count
7
as on Apr 02, 2024
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Acquired by
Teradyne
(May 13, 2015)
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Products & Services of Universal Robots
Universal Robots offers a comprehensive portfolio of products and services, including UR3e, UR5e, UR10e, and AI Accelerator.
Compact robot for tight workspaces and precise tasks.
Adaptable robot for flexible industrial applications.
Robot for seamless integration in various automation scenarios.
Tool to add AI for improved robotics decision-making.
People of Universal Robots
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Sales and Marketing
24 people
Product Management Team
15 people
Leadership Team
11 people
Software Development Team
9 people
Creative and Marketing Team
6 people
Finance and Accounting
5 people
Human Resources and Administration
4 people
Operations Team
4 people
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Funding Insights of Universal Robots
Universal Robots has successfully raised a total of $5.31M across 7 strategic funding rounds. The most recent funding activity was a Seed round of $335.59 thousand completed in April 2015. 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 Universal Robots
Universal Robots has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Teradyne, Danmarks Eksport- og Investeringsfond and Syddansk Innovation.
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Provision of financing, loans, equity, and insurance for Danish export and investment activities.
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A platform for business and technology insights is operated.
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Automation equipment for semiconductor and industrial sub-systems testing is provided.
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Investor details for Universal Robots
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Investments & Acquisitions by Universal Robots
Investment portfolio details for Universal Robots
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Financial Statements - Universal Robots
Detailed financials for Universal Robots
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Universal Robots Comparisons
Peer comparison for Universal Robots
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Competitors of Universal Robots
Universal Robots 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 Vicarious, RightHand Robotics, Agile Robots, Gecko Robotics and Yaskawa, among others.
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AI-based robotic arms are developed for industrial automation tasks.
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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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Motion control, robotics, and system engineering solutions are provided globally.
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Detailed competitors of Universal Robots
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Latest news on Universal Robots
Complete news archive for Universal Robots
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Frequently Asked Questions about Universal Robots
Universal Robots was founded in 2005.
Universal Robots is headquartered in Odense, Denmark.
Kim Povlsen is the current CEO of Universal Robots.
Universal Robots is a funded company, having raised a total of $5.31M across 7 funding rounds to date.
As of Apr 02, 2024, the latest employee count at Universal Robots is 7.
Annual revenue of Universal Robots is $489.25K as on Dec 31, 2023.
Universal Robots was founded in 2005 in Odense, Denmark, and operates within the robotics sector. Collaborative robot arms are supplied for diverse applications, including manipulation, packaging, palletizing, laboratory analysis, testing, gluing, welding, and gripping. The companys products support automation in manufacturing and related fields, with headquarters based in Denmark and global reach through its domain.
Universal Robots's top competitors include Vicarious, Yaskawa and Gecko Robotics.
Universal Robots offers UR3e, UR5e, UR10e, and AI Accelerator.
Universal Robots has 3 investors. Key investors include Teradyne, Danmarks Eksport- og Investeringsfond, and Syddansk Innovation.
The valuation of Universal Robots is $6.01M as of Apr 2015.