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Founded Year

2015

Stage

Series C - II | Alive

Total Raised

$126.88M

Valuation

$0000 

Last Raised

$66M | 2 yrs ago

About RightHand Robotics

RightHand Robotics (RHR) builds a data-driven intelligent picking platform. It offers piece-picking solutions for predictable order fulfillment. It reduces the cost of e-commerce order fulfillment of electronics, apparel, grocery, pharmaceuticals, and other industries. The company was founded in 2015 and is based in Somerville, Massachusetts.

Headquarters Location

237 Washington Street

Somerville, Massachusetts, 02143,

United States

617-520-4199

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Research containing RightHand Robotics

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned RightHand Robotics in 2 CB Insights research briefs, most recently on Sep 28, 2023.

Expert Collections containing RightHand Robotics

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

RightHand Robotics is included in 4 Expert Collections, including Supply Chain & Logistics Tech.

S

Supply Chain & Logistics Tech

4,547 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

R

Robotics

2,342 items

This collection includes startups developing autonomous ground robots, unmanned aerial vehicles, robotic arms, and underwater drones, among other robotic systems. This collection also includes companies developing operating systems and vision modules for robots.

C

Conference Exhibitors

5,302 items

R

Retail Tech 100

100 items

The most promising B2B tech startups transforming the retail industry.

RightHand Robotics Patents

RightHand Robotics has filed 8 patents.

The 3 most popular patent topics include:

  • Exoplanets
  • Robotics
  • Surgery
patents chart

Application Date

Grant Date

Title

Related Topics

Status

7/18/2017

5/24/2022

Supply chain management, Distribution (business), Ford factories, Production and manufacturing, Robotic manipulators

Grant

Application Date

7/18/2017

Grant Date

5/24/2022

Title

Related Topics

Supply chain management, Distribution (business), Ford factories, Production and manufacturing, Robotic manipulators

Status

Grant

Latest RightHand Robotics News

stow Robotics becomes Movu Robotics, launches new picking robot

Sep 19, 2023

stow Robotics, part of the stow Group, has today announced a significant rebrand and the launch of a new product to add to its portfolio. Under the new name ‘Movu Robotics’, the company has wasted no time in revealing its Movu eligo robot picking arm. At its new headquarters in Lokeren, Belgium, Movu Robotics has facilities for engineering, research & development, and production. In addition, an Experience Centre demonstrates the technology in action to Movu’s customers and partners. The location of its headquarters is key; situated between university cities Antwerp and Ghent, it is hoped that young talent in the robotics sector will be drawn to the facility. Furthermore, Movu Robotics expects that having this facility located where it is will be convenient for customers and partners visiting the region to see warehouses in action, all whilst boosting brand visibility. Existing products will still be offered, rebranded under the new name. These include the Movu atlas (a pallet shuttle system), the Movu escala (a bin shuttle), and Movu iFollow (a range of AMRs). iFollow was acquired by the stow Group in 2022. In addition, the Movu eligo has been launched today. Described as an ‘AI-driven picking robot’, this product was developed in collaboration with Righthand Robotics. Capable of picking 600 items per hour, the robot is integrated with the Movu escala bin shuttle for fully automated bin picking. Machine vision and a system of grippers allow the robot arm to grasp products up to 30cm , with machine learning technology providing feedback on successful and unsuccessful picks for continuous improvement. Movu claims that this gives it a pick accuracy upwards of 99%. Furthermore, Movu has its own warehouse execution system (WES), made up of three parts. Movu ops assists with operations management, Movu tower checks resource availability and dispatches shuttles accordingly, and Movu pilot handles the execution of the order. Like the hardware, this software is also demonstrated at Movu’s Experience Centre in Lokeren. Movu’s ops, tower, and pilot can be viewed at its Experience Centre in Lokeren, Belgium Logistics Manager sat down with Chief Executive of Movu Robotics Stefan Pieters to find out more about this significant change. Here is what he had to say: Stefan Pieters is Chief Executive of Movu Robotics, formerly stow Robotics In your own words, why is stow Robotics rebranding to Movu Robotics and what does this mean for the company going forward? “Coming from stow, a leading racking provider, of course there’s always the association with racks and some of our customers were really surprised to learn that we do automation and software as well. By rebranding to Movu, what we really want to bring to our customers is the clear idea that we’re a hi-tech company, we build robots, we build software, and yes, they run on stow racks, but what you get from this company is something different. Repositioning it under Movu really helps us there to give a clear perception of what we are offering – that was the driver for the rebranding.” It’s not just a new name that’s being announced today, you are launching the Movu eligo, a robot picking arm. What can you tell us about this robot and what do you hope it will help your customers achieve? “With the escala, we’ve got a very elegant bin storage system and up until now we had manual picking stations. It’s such a logical extension to then present the bin to a robot that then does the picking. There’s good picking robots available on the market, so we partnered up with one of the leading brands (RightHand Robotics) and what we then did is made an integration into our system that is really seamless so for the end customer, you can hook up a manual picking station or you can hook up a robotic picking station; from the point of view of the flow of goods, it’s really seamless. Going forward, what do we expect? Of course as always, you want more capacity, more picks per hour, but you also might want to be able to handle more products and different products. As long as you’re handling nice square cardboard boxes, life is easy, but that’s not the magnitude of products [that many customers require], so we’ll be pushing the boundaries there going forward. The benefit to the customer, of course, is that picking operators are getting harder and harder to find – it’s a 24/7 job and it’s very repetitive – so [the eligo] is not necessarily only bringing down cost, it’s also able to increase volume with the same number of people. If the robot can already handle 50-80% of your product spectrum, it can already prepare part of the orders and then you’ve got the human operator to finish it off with those products that are difficult. [This allows you to] increase your capacity with the team you already have.” How important is artificial intelligence and machine learning to the Movu eligo and future Movu products? “Especially for picking products, it’s extremely important because you rely a lot on vision and on recognising first of all where the product is located, and then how it can be grasped. Of course, you have base strategies and base knowledge, but then by giving it constant feedback when you try something that is successful or unsuccessful, you can increase the rate of successful picks. If you look at end customers, you can see the robot getting smarter on the range of products being presented to it, so clearly [AI] is very important. If you’re looking at our shuttles driving back and forth, there’s not too much AI involved. Where it starts to become interesting is if you then look at how goods can be steered for the installation to reach peak performance. [AI can inform] when to release certain products and when not to release certain products. You can go a long way with algorithms, but you can still see that human operators can still fine-tune the installation and that’s the part where I believe, on our other applications, AI will then kick in to do the tweaking on a higher level to get installations to perform at maximum performance.” The launch of the Movu eligo is in no way the last addition to your product line – you are planning to launch another product next year. What areas in the robotics world are you planning to expand into? “The only thing I can say about [next year’s addition to the product line] is that it is a next generation bin shuttle. One side of what we’re doing, the boring side, is making sure that the applications we already have work better and can deal with the scaling we’re going through. Whether you’re doing 50 million projects per year or three to four million projects per year, you will have to work on your product, the way you roll it out, and the way you implement it. That, for sure is one big direction of development. Of course, that’s not adding new products or applications – it’s just making sure that we can do more of the same, more efficiently. At the same time, we’re also looking at other applications. If you just look at the flow of goods in a company, there’s goods coming in – often on pallets – so you need to move those pallets, store them, then build orders and maybe reassemble them to pallets before they go out. We already have a few very interesting applications in part of this flow, we’ll link it with AMRs but maybe there’s still a few spots in-between that are very attractive to automate so if you’re looking for future extensions, that’s the direction we’re thinking in.” What are the benefits to customers of having robots that can work through the night? “A lot of our customers work 24/7 in their factories. Being able to continue their operations with limited or low operator presence is a real benefit. That’s why all of our shuttles use opportunity charging so whenever they have a few spare minutes, they charge back up again and are ready for the next set of transport orders. Looking at payback, if you have a 24/7 operation, the return on investment becomes a no-brainer.” Movu’s new Experience Centre is part of its facility in Lokeren, featuring examples of its atlas, escala, iFollow, and eligo products Both stow Group and Movu Robotics are global brands – what are your biggest targets in terms of the global market? “Historically, stow was always focused on Europe, that’s why we have a very good and solid presence in Europe. Driven by robotics, stow started [operations] in the US and right now the US represents 50% of our order intake. The expansion in the US is really driven by robotics and we’re only at the start of what we can do there. Our first target is to continue to grow in the two core markets – Europe and the US. In Australia and New Zealand, we are opportunistic because we have good dealers there and through our local stow representation, we were able to do a few very nice projects. Going forward, there is of course a very interesting market in South East Asia, South America etc, and we will be looking at it but we’re already working on five product families in parallel, scaling up the company, scaling up the geographies, so we won’t be doing everything at the same time. There will be some pacing. Our first priority is Europe and the US, but we’re a global brand and we’re looking for a global presence – that is very clear.” stow Robotics has been shortlisted as a finalist for the 27th Supply Chain Excellence Awards. Check out the full shortlist and don’t forget to book your table for the biggest event in the supply chain calendar, taking place on 9 November at the London Hilton on Park Lane! Click here  to find out more about  attending  or  sponsoring !

RightHand Robotics Frequently Asked Questions (FAQ)

  • When was RightHand Robotics founded?

    RightHand Robotics was founded in 2015.

  • Where is RightHand Robotics's headquarters?

    RightHand Robotics's headquarters is located at 237 Washington Street, Somerville.

  • What is RightHand Robotics's latest funding round?

    RightHand Robotics's latest funding round is Series C - II.

  • How much did RightHand Robotics raise?

    RightHand Robotics raised a total of $126.88M.

  • Who are the investors of RightHand Robotics?

    Investors of RightHand Robotics include Menlo Ventures, Google Ventures, Matrix Partners, SoftBank, Zebra Technologies and 12 more.

  • Who are RightHand Robotics's competitors?

    Competitors of RightHand Robotics include Magazino, Locus Robotics, Osaro, 6 River Systems, Covariant, Berkshire Grey, Nimble, Plus One Robotics, Soft Robotics, Attabotics and 19 more.

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Compare RightHand Robotics to Competitors

Onward Robotics Logo
Onward Robotics

Onward Robotics coordinates humans and robots as a cohesive system for intralogistics fulfillment. The company combines proprietary software with mobile robots to increase operational efficiency and eliminate downtime in warehousing, distribution, and fulfillment centers. The Pyxis technology integrates with company's WMS to prioritize orders, direct and assign tasks, and communicate directly with human workers for continuous and accurate workflow. The company serves industries that include eCommerce, Third Part Logistics, Industrial Warehousing, and Medical supply chains. Onward Robotics was formerly known as IAM Robotics. It was founded in 2012 and is based in Pittsburgh, Pennsylvania.

Soft Robotics Logo
Soft Robotics

Soft Robotics develops robotic manipulation and automation solutions for logistics, advanced manufacturing, and food packaging. It designs and builds automated high-speed picking solutions using proprietary soft robotic grippers, machine vision, and artificial intelligence software. It offers soft robotic automation systems that can grasp and manipulate items of varying shapes, sizes, and weights. The company was founded in 2013 and is based in Bedford, Massachusetts.

GreyOrange Logo
GreyOrange

GreyOrange operates a global technology company unifying artificial intelligence (AI)-driven software and mobile robotics. It modernizes order fulfillment and optimizes warehouse operations in real time. It uses advanced fulfillment science to instantaneously evaluate order data and compose the best decisions in real-time to efficiently orchestrate people, processes, and robots. GreyOrange was founded in 2012 and is based in Roswell, Georgia.

Opex Corporation Logo
Opex Corporation

OPEX Corporation offers solutions for high-speed mailroom automation, document imaging, and warehouse automation. Their automated warehouse system includes several components including a robotic, goods-to-person order picking technology for warehouses and distribution centers. Sure Sort is a robotic "each" or "piece" sorter that, per the company, handles complex variables and delivers a wide variety of items into a compact array of order bin locations in a single pass. In addition, they offer a "one touch" picking solution based on proven iBOT delivery technology.

Osaro Logo
Osaro

Osaro provides robotics solutions for warehouse automation. It specializes in artificial intelligence (AI) software for industrial automation. It offers robotics knitting, robotic bagging, and robotic induction systems. The company was founded in 2015 and is based in San Francisco, California.

Locus Robotics Logo
Locus Robotics

Locus Robotics designs and builds autonomous mobile robots that work collaboratively alongside workers in the logistics and fulfillment industries. It develops autonomous mobile robots that operate collaboratively with human workers to improve piece‐handling, case-handling, and pallet-moving productivity. The company was founded in 2014 and is based in Wilmington, Massachusetts.

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