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Rethink Robotics is a robotics company founded 2008, based in United States, developing 1 robot primarily in the Cobot category.
CAPITAL & EVIDENCE
Rethink Robotics has raised US$18.0M across 1 confirmed round and has 1 deployment on record, none maker-verified.
Raised
US$18.0M
across 1 confirmed round · latest Jan 2017 · Series E
- Jan 2017· Series E· US$18.0M· led by Adveq· The Robot Report ↗Correct this round
Confirmed rounds recorded from January 2017. Every amount links to its source.
Correct this →Shipped
4named customers · 1 tied to a specific robot
none maker-verified · on 1 robot
- Koller-Craft Plastics· Baxteraustralianmanufacturing.com.au ↗
Used by
Named in a public source that did not say which model
- Department of Defense· United Statesusaspending.gov
- Department of Commerce· United Statesusaspending.gov
- National Aeronautics and Space Administration· United Statesusaspending.gov
Rethink Robotics made the collaborative robots Baxter and Sawyer for manufacturing tasks that work alongside humans. The company was based in Boston and was founded in 2008; it later shut down in 2018, and its Sawyer assets and IP were sold to Germany’s Hahn Group.
Company facts
- HQ
- Boston, United States
- Founded
- 2008 · 18 yrs
- Stage
- Series E · Jan 2017
- Website
- www.rethinkrobotics.com
RoboScore
59.61 RoboScore + 0.00 Momentum· Strong evidence
Products 65%, Depth 5%, Evidence 30% set the number, and every rated company has all three. Attention has no weight of its own — it is one of the two things Evidence is built from, and it can only ever add. Activity and Readiness describe the brand but never move it. A value we don't have reads —, never zero. Momentum is independently collected news coverage, worth at most 15 points and never a deduction — a maker we have heard nothing about keeps its full RoboScore. Claiming or paying moves nothing.
6 of 6 factors known. How it's calculated
Milestones
Rethink Robotics shut down and ceased operations.
Sawyer robots, intellectual property, patents, and licenses were sold to Hahn Group.
Company founded as Heartland Robotics, later renamed Rethink Robotics.
Press coverage
- Rethink Robotics closes its doors
The Robot Report
- Rise and Fall of Rethink Robotics
ASME
Public loss record
US makers file into registers that compel reporting — device adverse events to the FDA, driverless crashes to NHTSA, workplace deaths to OSHA. A maker with no record here has genuinely not had one filed against it.
Collaborative Robot buying guides
Industry Knowledge →
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Use Cases Where Cobots Fail: High-Payload, High-Speed, and Dirty Environments
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