Robot-arm maker Standard Bots hits a $1bn valuation to scale US manufacturing
America wants to build robots, not just import them. A New York startup has just raised $200mn to do exactly that.
Standard Bots has closed a $200mn round that values the company at $1bn, minting a fresh robotics unicorn. The financing was led by General Catalyst and RoboStrategy, a fund dedicated to robotics, and marks a steep step up from the $63mn the company raised in 2024 at an undisclosed valuation.
The cash will go towards expanding its manufacturing facility on Long Island, New York, and hiring more engineers.
The company builds robotic arms, the kind that automate industrial work such as complex assembly and loading and unloading machines. Its pitch is that the arms can learn a new task after simply watching a demonstration of it, thanks to AI running in the background, rather than needing an engineer to hand-code every movement.
That ease of training is the wedge...
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