Rapid Robotics raises $12 million Series A
Rapid Robotics raised $12 million in Series A financing to scale its preconfigured machine-tending automation across US manufacturing.
Verified eventRapid RoboticsApr 6, 2021
Evidence notes
- New Enterprise Associates led the $12 million Series A, with Greycroft, Bee Partners and 468 Capital also participating.
- The round brought total disclosed funding to $17.5 million after the company said its systems had processed more than 50 million parts.
- Rapid planned to expand deployments of its no-code Rapid Machine Operator for repetitive machine-tending work in factories.
Company context
Preconfigured robotic workcells for machine tending and repetitive factory operations.