About Veo Robotics
Veo Robotics is an Industrial Goods & Manufacturing company based in Cambridge (United States) founded in 2016 by Clara Vu and Scott Denenberg, and was acquired by Symbotic in August 2024. Safety systems for robots are developed with depth-sensing cameras. Veo Robotics has raised $56 million across 4 funding rounds from investors including Symbotic, Safar Partners and Yamaha Motor Ventures. The company has 49 employees. Veo Robotics offers products and services including A.I.-Powered Software, Intelligent Robotics, and Autonomous Robots. Its focus areas include High Tech, Industrial Robotics, Tech Enablers and Hardware. Its legal entity is VEO ROBOTICS INC.
Company details
Veo Robotics was founded in 2016 in Cambridge, United States, focusing on the robotics sector. Safety systems for industrial robots are developed by the company, utilizing depth-sensing cameras to ensure complete visual coverage of machine surroundings. Products incorporating 3D sensing and AI technologies are offered to enhance operational safety. Operations are centered in the United States, with emphasis on integrating advanced sensing solutions for robotic environments.
Products & Services of Veo Robotics
Veo Robotics offers a comprehensive portfolio of products and services, including A.I.-Powered Software, Intelligent Robotics, and Autonomous Robots.
Integrates and optimizes robot fleet for warehouse efficiency
Autonomous robots with vision for accurate supply chain operations
Enables speed and efficiency in warehouse goods handling
Funding Insights of Veo Robotics
Veo Robotics has successfully raised a total of $56M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $14 million completed in April 2023. 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 $56M
- Total Rounds 4
- Last Round Series B — $14M
- First Round $12M
(Oct 2017)
- Investors Count 7
All 4 funding rounds of Veo Robotics with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2023 | $14M | Series B | – | Safar Partners, Yamaha Motor Ventures | |
| Jun 2022 | $15M | Series A | – | – | – |
| Jan 2019 | $15M | Series A | – | – | – |
| Oct 2017 | $12M | Series A | – | Lux Capital, Google Ventures |
8 investors in total: 8 institutional.
Investors in Veo Robotics
Veo Robotics has secured backing from 8 investors, including venture fund investors. Prominent investors backing the company include Symbotic, Safar Partners and Yamaha Motor Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Safar Partners is engaged in investing in technology startups. | 2018 | safar.partners | Cambridge, United States | |
| yamahamotor.vc | ||||
Corporate backed venture capital fund investing in multiple sectors | gv.com | Mountain View, United States | ||
A venture capital fund by Amazon supporting technology innovation. | industrialinnovationfund.amazon | |||
| baidu-venture.com | ||||
Seed and early-stage technology companies are funded by Lux Capital. | luxcapital.com | Menlo Park, United States | ||
Venture investments in systems, infrastructure, and applications for enterprise founders. | next47.com | |||
Warehouse automation solutions are developed using AI and robotics technology. | 2007 | symbotic.com | Wilmington, United States |
Investor details for Veo Robotics
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People of Veo Robotics
6 people are tracked at Veo Robotics (3 in leadership, 3 in team); the tracked headcount is 49.
| Name | Role | Group |
|---|---|---|
Clara Vu | Co-Founder | Leadership |
Scott Denenberg | Co-Founder | Leadership |
Ron Ledoux | Regional Sales Director | Leadership |
Gene Malkin | Principal Algorithm Engineer | Team |
Daniel Willenson | Principal Embedded Software Engineer | Team |
Justin Bronder | Senior Principal Software Engineer | Team |
Complete people profiles for Veo Robotics
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Timeline of Veo Robotics
4 dated milestones of Veo Robotics across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Veo Robotics is founded.
- Funding First funding round of $12.0M.
- Funding Latest funding round, Series B, of $14.0M.
- Exit Acquired by Symbotic.
Top companies in Industrial Automation & Robotics
3 companies that operate in the same segment as Veo Robotics (Industrial Automation & Robotics) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Autonomous humanoid robots are developed for commercial deployment. | 2022 | Sunnyvale, California, United States | USD 1.75 B | 939 | ||
Human performance is enhanced through awareness-based methods and tools. | 2024 | San Francisco, California, United States | USD 1.07 B | 361 | ||
Developer of LiDAR-based sensors | 2002 | San Francisco, California, United States | USD 129 M | USD 169.38 M | 192 |
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Frequently Asked Questions about Veo Robotics
Veo Robotics was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Veo Robotics is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Veo Robotics is a funded company, having raised a total of $56M across 4 funding rounds to date. The company's 1st funding round was a Series A of $12M, raised on Oct 2017.
Veo Robotics has 49 employees.
Veo Robotics was founded in 2016 in Cambridge, United States, focusing on the robotics sector. Safety systems for industrial robots are developed by the company, utilizing depth-sensing cameras to ensure complete visual coverage of machine surroundings. Products incorporating 3D sensing and AI technologies are offered to enhance operational safety. Operations are centered in the United States, with emphasis on integrating advanced sensing solutions for robotic environments.
Veo Robotics offers A.I.-Powered Software, Intelligent Robotics, and Autonomous Robots.
Veo Robotics has 8 investors. Key investors include Symbotic, Safar Partners, Yamaha Motor Ventures, Google Ventures, and Amazon Industrial Innovation Fund.
Veo Robotics operates through Veo Robotics Inc.
Yes. Veo Robotics was acquired by Symbotic in August 2024.