Rapid’s solution is the Rapid Machine Operator (RMO), a cobot specially designed and priced for machine operation.
Rapid Robotics closes a Series A funding round for $12M with lead investor NEA. The latest investment brings Rapid Robotics’ total funding to $17.5M.
While investment in robotics and automation continued apace in November 2020, the total amount was about half of what it was in the same month a year ago.
Rapid Robotics has raised seed funding as it works on the Rapid Machine Operator, which it claims does not require expensive integration and can help U.S. manufacturers “close the automation gap.”