{"id":4424,"date":"2018-12-17T15:22:39","date_gmt":"2018-12-17T15:22:39","guid":{"rendered":"https:\/\/active8robots.com\/?p=4424"},"modified":"2021-07-21T09:49:04","modified_gmt":"2021-07-21T08:49:04","slug":"robotiq-raised-23000000-build-cobots","status":"publish","type":"post","link":"https:\/\/active8robots.com\/robotiq-raised-23000000-build-cobots\/","title":{"rendered":"Robotiq has raised $23,000,000 to Build More Cobots"},"content":{"rendered":"

Last week Robotiq announced that it has raised $23 Million (US Dollars) in its first round of venture investment. \u00ad\u00ad\u00ad<\/p>\n

Robotiq, as mentioned in our last blog post, makes custom grippers, cameras and other sensors that can be attached to the robotic arms made by a variety of companies.<\/p>\n

The company’s focus is on \u201ccollaborative robotics\u201d — that is, using robots in workplace situations where they are nearby and working with humans.<\/p>\n

Robotiq was founded in 2008 by Bouchard and Laval University classmates Vincent Duchaine and Jean-Philippe Jobin. Starting a business in this time meant hitting the financial crisis, which provided some challenges for the company. \u201cIt was not the best time but things got better. Our first product didn\u2019t work that well. But the second one did,\u201d he said.<\/p>\n

Today, Robotiq announced its first institutional funding \u2014 a CAD$31 million (USD$23 million) raise from Boston-based venture capital (VC) firm Battery Ventures. The company said it will use the money to boost its product development efforts and grow its business globally.\u00a0As part of the investment, Battery Ventures partner\u00a0Jesse Feldman will join Robotiq\u2019s board.<\/p>\n

\u201cWe have been tracking Robotiq and its experienced team for several years and are extremely impressed with the business the founders have built,\u201d Feldman said. \u201cRobotiq\u2019s next-generation products are improving efficiencies at companies all over the globe and, more broadly, provide a glimpse of how new, interconnected technologies, including robots, sensors, and software, are driving a new kind of industrial revolution with huge ramifications for the global economy and workforce.\u201d<\/p>\n

\u201cCollaborative robotics is transforming industries today, offering low-cost, easy-to-deploy solutions that stand in stark contrast to the more-complicated, legacy robotics systems of the past,\u201d added Robotiq cofounder and CEO Samuel Bouchard. \u201cWhat is amazing about these systems is how they work side by side with humans to improve quality, increase efficiency, and minimize worker injuries.\u201d<\/p>\n

\"Robotiq\"<\/p>\n

Active8 Robots is a leading innovator of automated solutions that incorporate collaborative robots, if you think these solutions could help improve productivity within your business then contact us today!<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Last week Robotiq announced that it has raised $23 Million (US Dollars) in its first round of venture investment. \u00ad\u00ad\u00ad Robotiq, as mentioned in our last blog post, makes custom grippers, cameras and other sensors that can be attached to the robotic arms made by a variety of companies. The company’s focus is on \u201ccollaborative […]<\/p>\n","protected":false},"author":4,"featured_media":4428,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"elementor_theme","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[1593],"tags":[1594,1874,56,1843,1945],"acf":[],"yoast_head":"\nRobotiq has raised $23,000,000 to Build More Cobots - Active8 Robots<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/active8robots.com\/robotiq-raised-23000000-build-cobots\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Robotiq has raised $23,000,000 to Build More Cobots\" \/>\n<meta property=\"og:description\" content=\"Last week Robotiq announced that it has raised $23 Million (US Dollars) in its first round of venture investment. \u00ad\u00ad\u00ad Robotiq, as mentioned in our last blog post, makes custom grippers, cameras and other sensors that can be attached to the robotic arms made by a variety of companies. 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