PickNik Robotics, a Bolder, CO-based unstructured robotics company, raised $2m in pre-seed funding.
The round was led by Stellar Ventures and Cypress Growth Capital. The investment augments PickNik’s existing $5M in non-dilutive SBIR funding contracts with NASA JSC, NASA Ames, and Space Force.
The company intends to use the funds to further develop its robotics platform MoveIt Studio, which enables any developer or engineer to create advanced applications with robot arms. MoveIt Studio tackles a new robotics market segment: robots outside of the traditional manufacturing domain. MoveIt Studio is already being used by many companies for advanced applications like Autonomous Mobile Robots (AMR) that leverage mobile robot arms for in-situ bin picking, explosive ordnance disposal for SWAT teams, and next-gen space applications such as autonomous cargo unloading from space station re-supply capsules.
Led by Dave Coleman, CEO, PickNik has tackled the most challenging problems in robotics across many industries, including space, subsea, surgical, energy, AgTech, FoodTech, and personal robots. With a commitment to solving robotics challenges outside of factories, the company has earned the trust and recognition from industry giants including Google, Amazon, Johnson & Johnson, Samsung, Hyundai, NASA, Sierra Space, Blue Origin, and many more. The company works with a wide range of robot brands and types, from custom hardware to off-the-shelf solutions, catering to the specific needs of its customers.
FinSMEs
13/10/2023