Oxipital AI Timeline

Events

• 2024-08-06 - Org Change - Soft Robotics reforms as Oxipital AI - The company adopted the Oxipital AI name and a new corporate identity. Oxipital AI retained and prioritized machine-vision and AI technology for manufacturing. The strategy focuses on product inspection, robotic picking and process optimization in food… - source: prnewswire.com
• 2024-08-06 - Acquisition - Schmalz acquires Soft Robotics gripper business assets - The transaction transferred the complete mGrip finger-gripper family to Schmalz. Schmalz also acquired related patents and technical know-how. The divestiture separated Soft Robotics' hardware business from its remaining visual-AI operations. - source: schmalz.com
• 2021-06-29 - Funding - Soft Robotics raises USD 10 million Series B extension - Material Impact, Scale Venture Partners and Calibrate Ventures co-led the round. Tyson Ventures joined the syndicate, and ABB Technology Ventures and Tekfen Ventures participated. The financing supported commercial expansion and the launch of SoftAI vision… - source: prnewswire.com