Soft Robotics, a Bedford, MA-based industry technology company that designs and builds picking solutions, raised $26M in the first close of its Series C funding.
The round was led by Tyson Ventures, with participation from Marel (AEX:MAREL) and Johnsonville Ventures.
The company intends to use the funds to expand commercial deployment of its mGripAI™ robotic picking solutions.
Led by CEO Jeff Beck, and COO Mark Chiappetta, Soft Robotics is an industry technology company that designs and builds automated, high-speed picking solutions using proprietary soft robotic grippers, 3D machine vision, and artificial intelligence. mGripAI is an automation package that combines fast 3D vision and artificial intelligence technologies with patented and proven, IP69K-rated, soft grasping to give industrial robots the hand-eye coordination of humans. This combination of robotic “hands,” “eyes,” and “brains” enables the use of high-speed industrial arms to automate bulk picking processes throughout protein, produce, dairy, baked goods, and prepared foods operations.
FinSMEs
17/11/2022