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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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.
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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.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Seed — $335,590
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First Round
First Round
(05 Oct 2005)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2015 | Amount | Seed - Universal Robots | Valuation |
investors |
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| Feb, 2014 | Amount | Seed - Universal Robots | Valuation |
investors |
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| Feb, 2011 | Amount | Seed - Universal Robots | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Provision of financing, loans, equity, and insurance for Danish export and investment activities.
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Founded Year | Domain | Location | |
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A platform for business and technology insights is operated.
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Founded Year | Domain | Location | |
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Automation equipment for semiconductor and industrial sub-systems testing is provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Universal Robots
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Universal Robots
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Universal Robots Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-based robotic arms are developed for industrial automation tasks.
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| domain | founded_year | HQ Location |
AI-enabled robotic grippers for object picking are provided.
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| domain | founded_year | HQ Location |
Deep learning-based vision for autonomous robot perception is provided.
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| domain | founded_year | HQ Location |
Wall-climbing robots are developed for boiler inspections at power plants.
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| domain | founded_year | HQ Location |
Motion control, robotics, and system engineering solutions are provided globally.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Universal Robots
Frequently Asked Questions about Universal Robots
When was Universal Robots founded?
Universal Robots was founded in 2005.
Where is Universal Robots located?
Universal Robots is headquartered in Odense, Denmark.
Who is the current CEO of Universal Robots?
Kim Povlsen is the current CEO of Universal Robots.
Is Universal Robots a funded company?
Universal Robots is a funded company, having raised a total of $5.31M across 7 funding rounds to date. The company's 1st funding round was a Seed of $1.13M, raised on Oct 05, 2005.
How many employees does Universal Robots have?
As of Apr 02, 2024, the latest employee count at Universal Robots is 7.
What is the annual revenue of Universal Robots?
Annual revenue of Universal Robots is $489.25K as on Dec 31, 2023.
What does Universal Robots do?
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.
Who are the top competitors of Universal Robots?
Universal Robots's top competitors include Vicarious, Yaskawa and Gecko Robotics.
What products or services does Universal Robots offer?
Universal Robots offers UR3e, UR5e, UR10e, and AI Accelerator.
Who are Universal Robots's investors?
Universal Robots has 3 investors. Key investors include Teradyne, Danmarks Eksport- og Investeringsfond, and Syddansk Innovation.
What is Universal Robots's valuation?
The valuation of Universal Robots is $6.01M as of Apr 2015.
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