About Veo Robotics
Veo Robotics is a company based in Cambridge (United States) founded in 2016 by Clara Vu and Scott Denenberg was acquired by Symbotic in August 2024.. 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 as of December 31, 2022. Veo Robotics offers products and services including A.I.-Powered Software, Intelligent Robotics, and Autonomous Robots. Veo Robotics operates in a competitive market with competitors including Dierre, Roboworld, Roundpeg Technologies, Robot Protection Systems and AIRSKIN, among others.
- Headquarter Cambridge, United States
- Employees 49 as on 31 Dec, 2022
- Founders Clara Vu, Scott Denenberg
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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 Veo Robotics Inc
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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. 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.
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
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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 Total Funding
- Total Rounds 4
- Last Round Series B — $14.0M
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First Round
First Round
(18 Oct 2017)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2023 | Amount | Series B - Veo Robotics | Valuation | Safar Partners , Yamaha Motor Ventures | |
| Jun, 2022 | Amount | Series A - Veo Robotics | Valuation |
investors |
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| Jan, 2019 | Amount | Series A - Veo Robotics | Valuation |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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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. 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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Safar Partners is engaged in investing in technology startups.
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Corporate backed venture capital fund investing in multiple sectors
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Veo Robotics
| 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 - Veo Robotics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Veo Robotics Comparisons
Competitors of Veo Robotics
Veo 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 Dierre, Roboworld, Roundpeg Technologies, Robot Protection Systems and AIRSKIN, 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 |
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Advanced protections and industrial automation components are designed and manufactured.
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Protective accessories for robots are supplied by Roboworld.
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Assembly and automation services are provided for manufacturing industries.
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Manufactures robot protection covers for sectors like food and clean rooms.
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Offers advanced safety solutions for industrial robots in automation applications worldwide.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Veo Robotics
Frequently Asked Questions about Veo Robotics
When was Veo Robotics founded?
Veo Robotics was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Veo Robotics located?
Veo Robotics is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Is Veo Robotics a funded company?
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 $15M, raised on Oct 18, 2017.
How many employees does Veo Robotics have?
As of Dec 31, 2022, the latest employee count at Veo Robotics is 49.
What does Veo Robotics do?
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.
Who are the top competitors of Veo Robotics?
Veo Robotics's top competitors include Dierre, Roundpeg Technologies and Roboworld.
What products or services does Veo Robotics offer?
Veo Robotics offers A.I.-Powered Software, Intelligent Robotics, and Autonomous Robots.
Who are Veo Robotics's investors?
Veo Robotics has 8 investors. Key investors include Symbotic, Safar Partners, Yamaha Motor Ventures, Google Ventures, and Amazon Industrial Innovation Fund.