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Soft Robotics Raises $23M in Seed Funding


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Soft Robotics, Inc., a Bedford, Mass.-based robotics company, raised $23m in Series B funding round.
The round was co-led by Calibrate Ventures and Material Impact with participation from existing investors Honeywell, Hyperplane, Scale, Tekfen Ventures, and Yamaha, as well as new investor FANUC Corp.
The company intends to use the funds to continue to expand the reach of its solutions.
Led by Carl Vause, CEO, Soft Robotics provides robotic automation solutions for factories.
In addition to bringing proven solutions in food packaging and consumer goods manufacturing, Soft Robotics is working with e-commerce, logistics, and retail customers to address the high cost of online returns logistics. | To read full story, visit https://startuparound.com/read/1579548608.281615/Soft-Robotics-Raises-$23M-in-Seed-Funding?ref=audio_experience
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