RightHand Robotics, a Somerville, MA-based provider of robot that handles task of picking individual items, raised $8 million in Series A funding.
Backers included Playground Global, Matrix Partners, Seven Seas Partners, Dream Incubator and angel investors.
The new capital will be used to expand product development, hiring and marketing.
Led by co-Founder Leif Jentoft, RightHand Robotics has launched RightPick, a combined hardware and software solution that handles the key task of picking individual items. RightPick handles thousands of different items using a machine learning backend coupled with a sensorized robot hand that works in concert with all industry-leading robotic arms to reduce the cost and improve the reliability of e-commerce order-fulfillment for pharmaceuticals, electronics, grocery, apparel, and countless other industries.
FinSMEs
28/03/2017