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Founded Year

2013

Stage

Series C | Alive

Total Raised

$84M

Last Raised

$26M | 10 mos ago

About 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.

Headquarters Location

32 Crosby Drive

Bedford, Massachusetts, 01730,

United States

617-391-0612

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ESPs containing Soft Robotics

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Industrials / Warehousing & Logistics Tech

The collaborative robotic arms market refers to the space that deals with the development, production, and deployment of robotic arms designed to work alongside humans in a collaborative manner. These robotic arms are equipped with advanced sensors and safety features that allow them to operate safely in close proximity to humans, without the need for physical barriers or protective cages. They ar…

Soft Robotics named as Highflier among 9 other companies, including Omron, Comau, and Flexiv.

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Research containing Soft Robotics

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

CB Insights Intelligence Analysts have mentioned Soft Robotics in 4 CB Insights research briefs, most recently on Mar 1, 2023.

Expert Collections containing Soft Robotics

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

Soft Robotics is included in 6 Expert Collections, including Agriculture Technology (Agtech).

A

Agriculture Technology (Agtech)

2,343 items

Companies in the agtech space, such as equipment manufacturers, surveying drones, geospatial intelligence firms, and farm management platforms

S

Supply Chain & Logistics Tech

5,070 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.

S

Smart Cities

1,299 items

Smart building tech covers energy management/HVAC tech, occupancy/security tech, connectivity/IoT tech, construction materials, robotics use in buildings, and the metaverse/virtual buildings.

A

Advanced Manufacturing

4,348 items

Companies in the advanced manufacturing tech space, including companies focusing on technologies across R&D, mass production, or sustainability

F

Food & Beverage

156 items

Soft Robotics Patents

Soft Robotics has filed 60 patents.

The 3 most popular patent topics include:

  • Actuators
  • Fluid dynamics
  • Robotics
patents chart

Application Date

Grant Date

Title

Related Topics

Status

11/1/2021

9/12/2023

Actuators, Robotics, Fluid dynamics, Robotic manipulators, Robot kinematics

Grant

Application Date

11/1/2021

Grant Date

9/12/2023

Title

Related Topics

Actuators, Robotics, Fluid dynamics, Robotic manipulators, Robot kinematics

Status

Grant

Latest Soft Robotics News

Soft Robotics Market to Hit US$ 8,748.87 Million By 2030 | Research Analysis

Sep 18, 2023

Immediate Delivery Available, Buy Now @  https://www.consegicbusinessintelligence.com/secure-checkout/1268 Soft Robotics Market Growth Drivers: Growing healthcare sector is spurring the market growth. Rising utilization of soft robotics in food & beverage sector is driving the market growth. Restraints Opportunities Rising adoption of industrial automation fueled by Industry 4.0 is expected to promote potential opportunities for market growth. Global Soft Robotics Market Segmentation Details: Based on type, the wearable robots segment contributed the largest shares to the market growth in 2022. The benefits of wearable robots including lightweight, increased functionality and mobility, ease of wear and removal, constant adaptability to evolving consumer needs, and others are key aspects driving the growth of the segment. Further, the increasing utilization of wearable robots in healthcare and other industrial sectors is driving the growth of the wearable robots segment. Based on end-user, the healthcare segment accounted for the maximum revenue share in the year 2022. Soft robotics is utilized in the healthcare sector for several applications including rehabilitation, diagnostic, and surgical procedures among others. Factors including the growth trend in healthcare expenditure, increasing investments in advanced medical equipment, and rising incidence of diagnostics and surgical procedures are among the key prospects fostering the growth of the healthcare segment. Get Sample Report@  https://www.consegicbusinessintelligence.com/request-sample/1268 Based on region, North American region accounted for the largest revenue share in the year 2022. The growth of multiple industries including food & beverage, logistics, healthcare, and other sectors is driving the growth of soft robotics market in North America. Further, the rising investments in retail & e-commerce and logistics sectors among others are expected to boost the growth of the market in the North American region during the forecast period. Recent Developments In May 2019, Bioservo Technologies launched its new version of Ironhand, a soft robotic muscle strengthening system. The new version of Ironhand includes significant refinements including increased robustness, improved performance, and enhanced comfort and user-friendliness. Key Market Highlights Globally, soft robotic market is divided based on the type into soft grippers, inflated robots, wearable robots, and others. In the context of end-user, the market is separated into healthcare, retail & e-commerce, food & beverage, logistics, and others. The market is geographically divided into five regions: North America, Europe, Asia-Pacific, Latin America, Middle East & Africa. North America and Asia-Pacific are estimated to support the market growth during the forecast period in terms of the large presence of market players combined with high expenditures on advancements in soft robotic market. Browse Full Report & TOC @  https://www.consegicbusinessintelligence.com/soft-robotics-market List of Major Global Soft Robotics Market Players The market research report examines various market factors to determine the key drivers, limitations, and opportunities affecting market players. The report includes a SWOT analysis, regional analysis, and segment analysis to give a complete view of the market situation. This evaluation helps to identify possible growth opportunities through the implementation of technology, product utilization, business strategies, and the launch of new products. The following are major market players operating in the market environment — • Soft Robotics Inc. By Type What is soft robotics? Soft robotics refers to the subset of robotics that primarily emphasizes technologies that closely resemble the physical features of living organisms. Soft robotics involves the design, control, and fabrication of robots that are composed of compliant materials rather than rigid links. What is the dominating segment in the soft robotic market by type? In 2022, the wearable robots segment accounted for the highest market share of 45.4% in the overall soft robotic market. Based on current market trends and future predictions, which geographical region will have the largest impact on the soft robotic growth in the coming years? North America accounted for the largest revenue share in the year 2022. The increasing demand for soft robotics from multiple industries including food & beverage, logistics, and healthcare among others is driving the growth of the regional market. Which region/country is anticipated to witness the highest CAGR during the forecast period, 2023-2030? Asia-Pacific is anticipated to register the fastest CAGR growth during the forecast period due to rapid pace of industrialization and growth of multiple industries such as retail & e-commerce, healthcare, and others. Our Other Research Reports here:-

Soft Robotics Frequently Asked Questions (FAQ)

  • When was Soft Robotics founded?

    Soft Robotics was founded in 2013.

  • Where is Soft Robotics's headquarters?

    Soft Robotics's headquarters is located at 32 Crosby Drive, Bedford.

  • What is Soft Robotics's latest funding round?

    Soft Robotics's latest funding round is Series C.

  • How much did Soft Robotics raise?

    Soft Robotics raised a total of $84M.

  • Who are the investors of Soft Robotics?

    Investors of Soft Robotics include Tyson Ventures, Johnsonville Ventures, Marel, Material Impact, Tekfen Ventures and 12 more.

  • Who are Soft Robotics's competitors?

    Competitors of Soft Robotics include Magazino, Soft Robot Tech, Ubicept, Locus Robotics, Osaro, 6 River Systems, Berkshire Grey, Techbrew Robotics, Plus One Robotics, Alert Innovation and 25 more.

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Trusted by the world's smartest companies to:
  • Predict emerging trends
  • See competitors' playbooks
  • Stalk the smart money
  • Identify tomorrow's challengers
  • Spot growing industries
  • Kill analyst data work
Let's see how we can help you!
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Compare Soft Robotics to Competitors

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.

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.

IAM Robotics Logo
IAM Robotics

IAM Robotics develops automated manipulation technologies. The company gives robots the ability to see and manipulate everyday objects so they can be put to work in solving huge problems for customers. It was founded in 2012 and is based in Sewickley, Pennsylvania.

Scallog Logo
Scallog

Scallog offers an automated robotic solution for distribution in order to make warehouses more scalable and efficient.

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.

G
Geek+

Geek+ develops robotics technologies. It applies robotics and artificial intelligence (AI)-based technologies to help in operations for warehouses and supply chain management. The company was founded in 2015 and is based in Chaoyang District, China.

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