Series A Round

Collaborative Robotics is a team of innovators defining the future of robot interaction. They focus on creating robots that can react to their environment and work alongside humans, enhancing productivity and safety in various applications. The recent funding will be utilized to scale production, operations, and support for initial customers, as well as to further develop their novel collaborative robots (cobots). This funding round is expected to accelerate the deployment of their technology across various industries, including manufacturing, healthcare, and logistics. The funding was led by Sequoia Capital, with participation from Khosla Ventures and Mayo Clinic, highlighting the strong interest from leading investors in the robotics and healthcare sectors. The company also plans to launch its 'Cobot Flywheel Program', collaborating with innovative companies in biotechnology, healthcare, and logistics to enhance the practical applications of their cobots.