RightHand Robotics Inc., which has developed robotic systems for e-commerce order fulfillment, has raised $8 million in Series A funding. The company today also released its RightPick offering, which combines hardware and software for “piece picking,” or pick and place of individual items.
Playground Global led the funding round, which also included Dream Incubator, Matrix Partners, Seven Seas Partners, and angel investors.
“RightHand Robotics has created a transformative technology combining machine learning and smart hardware to address a tremendous opportunity in the logistics industry,” said Andy Rubin, founder and CEO of Playground Global. “For the first time, affordable industrial robots can grasp things they have never seen before.”
The company plans to use that capital to expand staffing, product development, and marketing. Somerville, Mass.-based RightHand Robotics already employs researchers who are alumni of the Harvard Biorobotics Lab, MIT, and the Yale GRAB Lab.
“We started out with three Ph.D.s in robotics, said Leif Jentoft, co-founder of RightHand Robotics and a Harvard graduate. “We’ve been in stealth mode for about three years now.”
“We have 20 employees, give or take a few interns,” he told Robotics Business Review. “We’re interested in growing out in the sales and account manager space. We have the technology in place and are interested in scaling out.”
Watching the warehouse market
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