RightHand Robotics raises $19M for robotic piece-picking

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The RightPick 3 item-handling system from RightHand Robotics.
RightHand Robotics, a Somerville, Mass.-based firm that develops autonomous choosing robots for order success, has raised $19 million in fairness funding. In response to a Type D submitting with the SEC, RightHand is trying to elevate as much as $40 million.
Though the traders on this spherical aren’t disclosed the Type D submitting stated 10 traders have contributed to the brand new funding. Earlier traders in RightHand embody GV (previously referred to as Google Ventures), Menlo Ventures and Playground World.
The brand new funding will possible be used to assist scale RightHand’s enterprise. In April 2021, RightHand launched its RightPick 3 item-handling robotic. Designed from the bottom up, RightPick 3 contains a modular, industrialized {hardware} design, software program APIs and worldwide compliance. The system is designed for use in a wide range of purposes, together with AS/RS, sorter induction, auto-bagger, kitting and extra.
In response to RightHand, RightPick 3 contains a decide price of as much as 1,200 models per hour, degree 4 autonomy with higher than 99% decide accuracy, and payload capability of two kg. The system comes customary with both a UR5e or UR10e cobot arm, however RightPick 3 will be built-in with different industrial arms if wanted. You possibly can watch a demo video of RightPick 3 beneath.

RightHand has additionally lately expanded its presence geographically. Earlier in 2021, it opened a middle for collaboration and enterprise improvement primarily based in Nürnberg, Germany. It additionally opened an workplace in Frankfurt in March 2020 earlier than the COVID-19 pandemic arrived.
Based in 2014 by roboticists from Harvard, MIT and Yale, RightHand Robotics closed a $23 million Collection B spherical in December 2018. It raised $6 million through debt financing in July 2020.
Yaro Tenzer, co-founder and CEO of RightHand, was lately a visitor on The Robotic Report Podcast. He mentioned the capabilities and know-how behind the corporate’s modern know-how. We additionally mentioned the rising competitors, what Tenzer thinks separates RightHand from the pack, and the way the logistics business continues to evolve. One in all its newer rivals is Dexterity, a Calif.-based startup that final week raised $140 million in Collection B fairness funding and debt. The most recent spherical valued Dexterity, which has already raised greater than $200 million because it was based in 2017, at $1.4 billion. You possibly can take heed to the Tenzer interview beneath.

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