Deals

Rethink Robotics Raises $18M in Funding
Date: 
Thursday, January 5, 2017
Location: 
Boston
Categories: 
Hardware & Robotics
Deal Type: 
Funding

Rethink Robotics has raised $18 million in new funding as part of its Series E financing round.

The new round includes funding from leading asset manager and private equity investment firm, Adveq, as well as contributions from all previous investors, including Bezos Expeditions, CRV, Highland Capital Partners, Sigma Partners, DFJ, Two Sigma Ventures, GE Ventures and Goldman Sachs.

The funding will support Rethink’s global expansion initiatives and new product development, says the company... READ MORE

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Founded by Chairman & CTO @rodneyabrooks, #Boston based Rethink Robotics developed Baxter, the world’s first #Robot w/Common Sense for manufacturing + research.