COMPANY INFO
Standard Bots is a privately held company founded in 2011 by Evan Beard and David Golden. Headquartered in Glen Cove, New York, it has approximately 49 employees and operates in the industrial hardware and automation machinery manufacturing industry. The company develops AI-powered robotic arms designed to automate tasks on the industrial shop floor, combining hardware and software to make robots accessible and easy to use. Their mission is to enhance human productivity by delivering affordable and user-friendly robotic solutions to manufacturers and businesses worldwide. Website: https://standardbots.com
Standard Bots is an industrial hardware and automation company founded in 2011 by Evan Beard and David Golden. Headquartered in Glen Cove, New York, Standard Bots employs around 49 people and operates at the intersection of industrial robotics and artificial intelligence. The company specializes in developing AI-powered robotic arms that automate shop floor tasks, with a mission to make robotics accessible and intuitive to manufacturers and businesses around the world.
Standard Bots funding to date totals $63 million, raised over a single Series B round. This significant capital injection highlights the company’s aggressive approach to scaling robotics innovation and developing advanced, user-friendly automation platforms. The funding round marks a milestone that supports major hiring, fuels R&D for next-generation robotic arms, and powers the expansion of Standard Bots’ proprietary AI robotics platform. The company’s funding strategy is aimed squarely at making sophisticated robotic automation available to industries ranging from complex manufacturing to food preparation, emphasizing both usability and accessibility.
Standard Bots’ Series B round raised $63 million to support the expansion of its engineering team, accelerate the development of new robotic arm models, and further enhance its intuitive AI-driven robotics platform. The funding will also be used to expand use cases such as complex assembly, food preparation, and dishwashing, pushing advanced industrial automation into new verticals.
General Catalyst led the Series B round, providing both capital and strategic guidance. Their involvement underscores confidence in Standard Bots’ vision to disrupt the manufacturing and automation industry with cutting-edge robotics and AI.
The Amazon Industrial Innovation Fund participated in the Series B round, backing Standard Bots’ efforts to transform industrial automation and reinforce Amazon's broader interests in innovative supply chain and robotics technology.
Samsung NEXT also joined the funding round, bringing their expertise in advanced hardware, venture capital, and strategic scaling to support Standard Bots’ product development and growth initiatives.
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