Tech Company Financing Transactions
Standard Bots Funding Round
Standard Bots closed a $63 million funding round on 7/15/2024. Investors included General Catalyst, Amazon Industrial Innovation Fund and Samsung NEXT.
Transaction Overview
Company Name
Announced On
7/15/2024
Transaction Type
Venture Equity
Amount
$63,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand its engineering team, accelerate the development of its series of next-generation robots in new sizes, and enhance the proprietary platform that makes these robots intuitive for everyday use.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
80 Pratt Oval
Glen Cove, NY 11542
USA
Glen Cove, NY 11542
USA
Phone
Undisclosed
Website
Email Address
Overview
At Standard Bots, our mission is to propel human productivity through the world's most accessible robots. We see an opportunity to bring our robots into every home and business, starting with manufacturers. To do this, we're designing better hardware and easier-to-use software together to accelerate what humans and robots are capable of achieving -- and to improve the lives of people globally.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Evan Beard
Chief Operating Officer
Natalie Papillion
Co-Founder
David Golden
VP - Product Management
Dan Grover
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