RobCo Launches US HQ in SF to Meet Automation & Reshoring Demand
Backed by Sequoia Capital and Lightspeed, RobCo enters the US market with the acquisition of Rapid Robotics, marquee prospects, and operations already spanning 14 states
RobCo, the robot-as-a-service firm redefining industrial automation, has expanded its launch in the United States with the opening of a brand new San Francisco HQ. In simply eight months, RobCo has constructed a powerful native presence, establishing two meeting websites in Austin, buyer operations throughout 14 states, and buying the belongings of the US agency, Rapid Robotics, together with {hardware}, marquee prospects, and an skilled native workforce. The enlargement comes at a pivotal second for US trade, as labor shortages, provide chain pressures, and a renewed concentrate on reshoring manufacturing intensify the necessity for extra inexpensive, environment friendly approaches to automation.
New analysis launched by RobCo has discovered that 61% of American industrial firms are accelerating their automation initiatives amid the nation’s concentrate on boosting US manufacturing capabilities, whereas virtually all (95%) plan to add new automation options in the following 1-3 years. Lack of expert staff was revealed to be a high problem, significantly for smaller organizations, whereas Deloitte just lately discovered 1.9 million manufacturing jobs might stay unfilled if companies can’t handle the abilities and applicant hole by 2033. Against this backdrop, RobCo brings a enterprise mannequin and superior know-how resolution that make robots extra inexpensive, risk-proof, and easy to deploy and handle for tomorrow’s factories, warehouses, and achievement facilities.
RobCo’s robot-as-a-service (RaaS) providing combines proprietary modular {hardware}; AI-powered, no-code software program; and a shared danger, pay-as-you-go mannequin whereby prospects solely pay when robots are working and require minimal technical experience to handle. This mixture makes automation extra inexpensive, adaptable, and accessible to companies of all sizes. The modularity of RobCo’s know-how empowers firms to shortly pilot and scale the automation of repetitive and harmful duties, together with machine tending, palletizing, meting out, and welding. By eradicating the necessity for a system integrator, RobCo accelerates time to productiveness and ROI, reducing customary trade deployment timelines from months to weeks.
RobCo’s momentum accelerates
The US enlargement displays RobCo’s fast development in Europe, rising its headcount by 59% in the final twelve months and supporting tons of of manufacturers together with BMW Group, Wildpack Beverage, DynaEnergetics, DE-VAU-GE, Linamar, and Fraunhofer. The agency has achieved backing by high buyers, together with Sequoia Capital, Lightspeed Venture Partners, and Kindred Capital, which have beforehand funded category-defining firms corresponding to Apple and Nvidia. Market curiosity in versatile robotics funding options continues to drive the corporate’s sturdy trajectory: RobCo’s examine additionally discovered 42% of US firms are contemplating RaaS subscription fashions for financing.
“It’s a pivotal second for American trade, crammed with alternative and demand for automation, because the nation focuses on reshoring trade and grapples with ongoing labor shortages. But to date, the market has been dramatically underserved,” stated Roman Hölzl, CEO and co-founder of RobCo. “Automation is essential to industrial companies’ long-term competitiveness, and we’re on a mission to make it inexpensive, versatile and low-risk for companies of all sizes. By automating boring and harmful duties, American firms can improve productiveness and tackle new initiatives whereas attracting and retaining the following technology of expertise by providing safer, extra precious, and fulfilling work. We’ve already hit the bottom working in the US with a powerful roster of shoppers, a proficient native workforce, and rising on-the-ground presence. We can’t wait to see what’s subsequent.”
“There are many routine and risk-filled duties ripe for automation, significantly in the manufacturing market, and RobCo is uniquely addressing this hole,” stated Luciana Lixandru, Partner at Sequoia Capital. “Its modular {hardware} and intuitive, highly effective software program platform make robotics simple to configure and deploy in simply days. While hype is in all places in robotics, RobCo’s confirmed know-how providing and versatile funding fashions are what units it aside. We’ve already been impressed by its European development and imagine it’s the proper firm on the proper time to remodel American trade.”
“We’re excited to be working with RobCo to convey automation into one among our most labor-intensive areas. While our venture continues to be in progress, we already see the potential for vital effectivity positive aspects and are trying ahead to experiencing the impression as soon as totally carried out. As one of many early US prospects, we imagine RobCo’s sensible and inexpensive method will create actual worth for companies like ours throughout the nation,” stated Thomas Walker, Chief Growth Officer at Wildpack Beverage.
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