Industrial robotics producer Standard Bots has raised $200 million in venture capital to expand its manufacturing footprint on New York’s Long Island, increasing its ability to design, assemble, and deploy American-made robots.
The “series C” funding round was led by robotics investment firm RoboStrategy and existing investors, including the technology VC firm General Catalyst.
Standard Bots makes AI-native robot arms and industrial humanoids that require no code to program for fast deployment and ease of maintenance across a range of applications including machining, welding, palletizing, grinding, fastening, dispensing, assembly, and inspection.
According to the company, its robots are designed to be taught through demonstration and observation rather than traditional coding, making advanced automation more accessible across a broader range of industrial tasks and environments.
“AI-native robots are the essential power tool of the 21st century – the tool that will grow American manufacturing and help every worker to be a force at work,” Evan Beard, co-founder, CEO, and Chief Engineer of Standard Bots, said in a release. “AI will allow industrial robots to do 100x more tasks with full autonomy. You just show your robot how it’s done, and it learns through demonstration. The quickest way to get to full autonomy is through deployments, collecting real-world data, and iterating as fast as possible.”
