Iván Hernández Dalas: Standard Bots raises $200M to expand U.S. manufacturing footprint
Standard Bots offers robot arms with payloads ranging from 7 to 30 kg. | Source: Standard Bots Standard Bots today announced that it has raised $200 million in Series C funding, bringing its valuation to $1 billion. The company said it plans to use the investment to expand its manufacturing footprint in New York. This will increase its ability to design, assemble, and deploy American-made robots at scale. “ AI -native robots are the essential power tool of the 21st century – the tool that will grow American manufacturing and help every worker to be a force at work,” stated Evan Beard, co-founder, CEO, and chief engineer of Standard Bots. “AI will allow industrial robots to do 100x more tasks with full autonomy. You just show your robot how it’s done, and it learns through demonstration.” “The quickest way to get to full autonomy is through deployments, collecting real-world data, and iterating as fast as possible,” he added. “Standard Bots is the furthest alon...