RightHand Robotics Raises $66M in Series C Funding

RightHand Robotics
RightHand Robotics

RightHand Robotics, a Somerville, Mass.-based leader in data-driven, autonomous robotic picking solutions for order fulfillment, secured $66m in Series C financing.

The round was led by Safar Partners, Thomas H. Lee Partners L.P. and SoftBank Vision Fund 2, with participation from Zebra Technologies, Epson and Global Brain and previous investors GV, F-Prime Capital, Menlo Ventures, Matrix Partners and Tony Fadell’s Future Shape. Previous rounds were led by Menlo Ventures and Playground Global.

The company intends to use the funds to:

  • accelerate product and business development,
  • scale its global presence and partner network,
  • expand its offices, and
  • invest in talent acquisition to support overall growth plans.

Led by Yaro Tenzer, CEO and co-founder, RightHand Robotics builds a data-driven intelligent picking platform, providing scalable automation for predictable order fulfillment. The RightHand Robotics RightPick™ platform streamlines the supply chain processes of warehouses with its piece-picking robotic solution, which leverages AI software with intelligent grippers and machine vision.

Customers include PALTAC CORPORATION, Japan’s largest wholesaler of consumer-packaged goods, and apo.com Group, Europe’s most advanced online pharmacy.

FinSMEs

24/02/2022