Collaborative Robotics Raises $30M Series A
Collaborative Robotics, a leader in the development of practical collaborative robots (cobots), announced it has raised $30M in Series A funding led by new anchor investor, Sequoia Capital, bringing the total amount raised to over $40M. The funds will enable Collaborative Robotics to begin scaling early field deployments and manufacturing of its novel cobot. Sequoia Capital led the funding round, with Alfred Lin joining the board. Other contributors include Khosla Ventures and Mayo Clinic, with Calibrate, Neo, and 1984.vc expanding existing investments. Jeff Wilke, former CEO of Amazon Consumer, Fuel Capital, and MVP Ventures added to the pool. The company was founded in 2022 by Brad Porter, former VP of Amazon Robotics.