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Standard Bots has raised $63.0M across 1 funding round.
Key people at Standard Bots.
Standard Bots was founded in 2015 by Evan Beard (Co-founder, CEO and Chief Engineer).
Standard Bots has raised $63.0M in total across 1 funding round.
Standard Bots designs and manufactures advanced six-axis robotic arms in the USA. Their products, including the RO1, integrate sophisticated hardware with AI-powered software and vision systems. These industrial robots automate diverse factory tasks, seamlessly integrating into existing operations. The company’s approach prioritizes robust, programmable functionality for practical industrial applications.
Co-founded by CEO Evan Beard and David Golden, Standard Bots leverages their distinct expertise. Beard offers deep technical proficiency in AI, software, and hardware development. Golden, having built a large vertical farming operation, provided crucial insights into industrial automation demands. They recognized AI-trained robots could effectively tackle genuine factory challenges.
Standard Bots' solutions cater to businesses streamlining operations through intelligent automation. Their vision centers on advancing collaborative robotics, deploying industrial robot arms designed to execute practical work across manufacturing sectors. They aim to substantially boost productivity and operational flexibility for customers.
Standard Bots is a vertically integrated robotics company that builds AI‑powered, six‑axis robotic arms and companion software to automate manufacturing tasks and make robotics easier and more affordable for manufacturers and other customers. [4][6]
High-Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Quick take: Standard Bots is positioning itself as a full‑stack, AI‑driven robotics platform that lowers barriers to automation for manufacturers; its combination of custom hardware, vision‑based learning, and fleet software is its clearest competitive edge, and its near‑term success will depend on converting strong funding and pilot interest into repeatable, scalable deployments. [4][5][7]
Standard Bots has raised $63.0M across 1 funding round. Most recently, it raised $63.0M Series B in July 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 1, 2024 | $63M Series B | General Catalyst | Amplify Partners, Andreessen Horowitz, Citi Ventures, FPV Fund, Kleiner Perkins, LGF, Sequoia Capital, Spark Capital, Thrive Capital, Michael Moritz, SAM Altman | Announced |
Standard Bots was founded in 2015 by Evan Beard (Co-founder, CEO and Chief Engineer).
Standard Bots has raised $63.0M in total across 1 funding round.
Standard Bots's investors include General Catalyst, Amplify Partners, Andreessen Horowitz, Citi Ventures, FPV Fund, Kleiner Perkins, LGF, Sequoia Capital, Spark Capital, Thrive Capital, Michael Moritz, Sam Altman.
Key people at Standard Bots.